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DOCUMENTS 
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UNIFORM 
SYSTEM   OF  ACCOUNTS 

FOR 

ELECTRICAL    CORPORATIONS 

AS   PRESCRIBED   BY  THE 

PUBLIC    SERVICE    COMMISSION 

For  the  First  District 

State  op  New  York 


FINAL  ORDER  AND  THREE  MODIFYING  ORDERS 
(Case  577) 


New  York  Oity 
Jan.  1.  1914 


Form  No.  2460—1  M— D.  '13  (S.  A.) 


CONTENTS. 


i'A(;i'; 


Final  Order,  Case  Txi    

Fii-si    Modifviiio'  Onlci-    -('htkIcus.mI  ( 'lassifu  at  i.»n  of 

()]>(Maliii,u'  Expense  Aeconnts (>'J-(*>.) 

Second  Modif.vin.u  Order •»'» 

Third  .Modifvinii-  Order <>^-^>^ 


STATE  OF  NEW  YORK 

PUBLIC  SERVICE  COMMISSION 

FOR  THE   FIRST   DISTRICT 


UNIEORM 

SYSTEM  OF  ACCOUNTS 

PRKSCRIKED    FOR 

ELECTRICAL    CORPORATIONS 


154  Nassai'   Street 

New  York  City 

1908 


'h»>>;< 


At  a  session  of  tlie  I'l  ULic  S!-K\i^.i:  C'»\im:ssi;.i.n  for  the  l'ii>t 
District,  State  of  New  York;  held  at'-hs"ofScft,;' -^54  Nassau 
Street,  in  tiie  City  of  New  York,  on  the  Sth  day  of  Decemher, 
1908. 

PRESENT: 
WU.I.IAM   R.  Wu.i.cox,  ~| 
William  McCarroll. 
Edward  M.  Bassett,      >  CoinmissioHcrs. 
MiLo  R.  Maltbie, 
John  E.  Eustis,  J 

The  PubHc  Service  Commission  for  the  First  District,  heing 
authorized  l)y  Section  66  of  the  Public  Service  Commission?  Law, 
to  prescribe,  whenever  it  deems  advisable,  imiform  methods  of 
keeping  accounts  for  electrical  corporations  subject  to  its  juris- 
diction, and  it  appearing  advisable  at  this  time  to  establish  a  uniform 
system  of  accounts  for  all  such  electrical  corporations,  it  is  hereby 

r)RDF.RF,D:  That,  except  as  hereinafter  provided: 

1  (  Ml  and  after  Jani.ary  1,  1909,  every  electrical  corporation 
shall  keep  upon  its  books  the  accounts  prescribed  or  defined  in  the 
hereto  annexed  schedules,  marked  "Schedule  A"  and  "Schedule  B," 
so  far  as  the  said  accounts  are  pertinent  to  the  facts  and  circum- 
stances of  the  said  corporation. 

2.  No  such,  electrical  corporation  shall  hereafter  charge  to  any 
account  representing  cost  of  property  any  discount  or  commission 
on  securities  issued  by  the  said  corporation,  but  shall  charge  all 
such  discounts,  commissions,  and  other  expense  connected  with  the 
issue  of  securities  subsequent  hereto,  in  accordance  with  the  direc- 

'us  contained  in  the  definitions  of  the  account  named  Organiza- 
i>n.  and  the  account  named  I'namortized  De!)t  Discount  and  Ex- 

nsc.  in  the  said  "Schedule  A." 

^.  During  the  year  beginning  January  1.  1909,  any  said  corpo- 
ition  may  for  purpo'^cs  of  comparison  with  prior  years  keep  on 
its  books  any  account  pertaining  to  revenues,  revenue  deductions, 
income  deductions,  and  appropriations  (as  defined  in  the  said 
"Schedule  B")  which  it  had  on  its  books  during  the  year  hegim 
January  1,  190^;  provided  that  on  or  before  January  1,  1909.  there 
he  filed  with  the  Public  Service  Commission  a  statement  containing 
a  list  of  the  said  accounts  pertaining  to  the  year  begun  January  1. 
^^OR.  and  definitions  of  such  accounts. 


v;E  CoAiyissioN— FiKST  District 

*  For  purposes  of  improving  the  efficiency  of  administration 
•incl  operation,  any  corporation  may,  unless  or  until  otherwise 
ordered,  keep  upon  its  lKX)ks  any  temporary  or  experimental  ac- 
counts and  any  accounts  covering  particular  divisions  of  its  opera- 
tions. provi«lcd  that  in  respect  of  each  such  temporary,  experi- 
mental, or  divisional  ac.oimt.  the  said  corporation  shall  file  with 
the  Public  Service  Commission,  at  least  ten  days  in  advance  of 
the  timr  when  the  said  .account  is  to  be  instituted,  a  statement 
>howinK  the  name  of  the  said  account,  the  date  when  it  is  to  be 
institute<i.  the  pur|)o«c  for  which  it  is  to  be  kept,  the  period  of 
time  during  which  it  is  to  \k  kept,  and  a  clear  and  accurate  defini- 
tion of  the  claiise>  of  items  and  facts  to  be  contained  in  the  said 
account;  and  in  case  of  a  divisional  account,  the  definition  of  the 
division  covered.  Upon  compliance  with  the  provisions  of  this 
paragraph,  any  account  prescritjeil  or  defined  in  fi''^-  ■  •  '  "^  '  •  ! 
ule  A"  or  said  "Schedule  B"  may  be  subdivided. 


SCHEDULE  A. 


BALANCE  SHEET  OR  INDICANT  ACCOUNTS. 

1.  Electrical  Corporations  and  Electric  Operations  defined. — Section  2 

of    the    Public    Service    Commissions    Law    defines    electrical   corporation   as 
follows : 

I  2.  •  •  •  The  term  "electrical  corporation"  •  •  •  Includes  every  corpora- 
tion, company,  association,  joint  stock  association,  partnership  and  person,  their 
lessees,  trustees  or  receivers  appointed  by  any  court  whatsoever  (other  than  a  rail- 
road or  stn  et  railroad  corporation  generating  electricity  for  its  own  use  exclu- 
sively), owning,  operating,  managing  or  controlling  any  plant  or  property  for 
generating  and  distributing,  or  generating  and  soiling  for  distribution,  or  distrib- 
uting electricity  for  light,  heat  or  power  or  for  the  transmission  of  electric 
current  for  such  purposes. 

Electric  operations,  as  the  term  is  hereinafter  used,  include  all  acts  and 
transactions  directly  connected  with  the  operation  of  a  plant  for  the  produc- 
tion of  electric  energy,  the  transmission  thereof  and  the  supply  thereof  to 
consumers  for  lifj;ht,  heat,  or  power,  and  all  operations  incident  thereto, 
including  the  collection  of  revenues  therefor  and  the  disposition  of  by- 
products produced  in  connection  therewith. 

2.  Accounts  to  be  kept  by  double-entry  method. — AH  accounts  kept  by 
any  corporation  or  person  within  the  scope  of  the  present  order  shall  on  and 
after  January  1,  1909,  be  kept  by  the  double-entry  method. 

XoTK. — Tills  requirement  Is  not  intended  to  apply  to  purely  statistical  accounts. 

CAPITAL  ACCOUNTS. 

3.  Capital  defined. — As  the  term  is  used  herein,  by  capital  of  a  corpora- 
tion is  meant  all  property  devoted  to  the  rendering  of  the  services  or  the  pro- 
duction of  the  commodities  which  are  within  the  purposes  of  the  corporation. 

4.  Fixed  Capital  defined. — Capital  which  has  an  expectation  of  life  in 
service  of  mow  tiian  one  year  (exception  being  made  of  hand  and  other  small 
portalile  tools  liable  to  lie  lost  or  stolen*)   is  called  fixed  capital. 

5.  Floating  Capital  defined. — Capital  other  than  fixed  capital  is  called 
floating  capital. 

6.  General  Capital  and  Departmental  Capital  defined.  -I'ixcd  capital  is 
divisible  into  general  capital  and  (k'liartnuntal  cai>ital,  general  capital  being 
that  which  is  indiscriminately  available  for  the  use  of  two  or  more  classes 
of  operations,  while  departmental  capital  is  that  assigned  solely  or  prinripally 
to  a  single  class  of    operations. 


•Hand  and  other  small  portable  tools  liable  to  be  lost  or  stolen  shall,  when  flrat 
acquired  ami  before  l.ssued  for  iiso,  bo  carried  In  a  suitable  Materials  and  Suppliea 
account ;  wh-n  Issued  they  shall  be  charged  to  the  appropriate  expense  account 
Portable  tools  and  apparatus  of  special  value  may,  however,  be  charged  to  the 
appropriate  tangible  capital  account,  and  remain  therein  .10  long  n.M  record  Is  kept 
of  the  persons  to  whom  such  tools  and  apparatus  are  issued  and  such  persona  are 
made  responsible  therefor. 

[5] 


6  Public  Sehvice  Commission— First  District 

7.  Landed  Capital  and  Non- landed  CapiUl  defined— Fixed  capiul  is 
also  divuiblc  mtc.  UiiJcd  ci^iul  and  nun-landed  cai>ital.  Lottdcd  capital  in- 
cludes all  interests  in  land  (exclusive  of  improvenicnu  thereon)  the  term  of 
which  is  more  than  ..ne  year.  All  other  fixed  capital  is  herein  called  non- 
landfd  capital 

8.  Inungible  and  Tangible  Capiul  distinguished.  — Non-landed  capital 
is  divisible  into  intariKiMf  i«i<'  tan^jiblc  lntan_:tllf  capital  comprises  organi- 
ution.  franchises,  p.-itcnt-nsrhts,  and  all  ether  intanRiblc  property  within  the 
definition  of  fixed  n  •  "  '  "  (d.  TangibU  capital  com- 
prises structures  ar  .itic-n  of  life  in  service  of 

more  than  .«nr  year      ..  :     s  or  theft,  hard  and  other 

small  p.<rta!.!e  tools  are  e.xcepted  from  tan^'iMc  capital,  and  the  cost  of  such 
tools  when  i.isued  is  required  to  be  treated  as  a  part  of  the  operating  ex- 
penses • 

9.  Further  Classification  of  Capiul.-— Capital  is  also  divisible  into  orig- 
inal capita!,  additiotu,  l>flUrnu-ntj,  and  rcncuali  and  replacements,  as  defined 
l>elow.  Charges  to  capital  accounts  shall  show  these  divisions  as  set  forth 
in  paraK'raph  21,  infra 

10.  Original  Capiul  defined.— OnVtua/  Capital  is  that  put  into  service  at 
the  outset  .->f  an  enterprise. 

11.  Additions  defined. — Addilionj  include  additional  structures,  facili- 
ties, or  equiptr.rnt  n  >:  f.iV-nR  the  place  of  anythinR  previously  existinR, 

12.  Betterments  defined,— /^f//frinr«/.f  include  the  enlargement  or  im- 
provement of  cxiitini.;  structures,  facilities,  and  equipment. 

13.  Renewals  defined. — Kmrwats  include  all  extensions  of  terms  of 
years  in  land  and  tanKii>'  >'.  and  all  extensions  of  the  life  period 

of  franrhises  and  other  i;..  .  d  capital. 

14.  ReplacemcnU  defined. — hepiacements   include   all   substitutions   for 

(iital  (xh.utsird  of  l>ct-<rT  ;n  '  ;  :-;rr  in  service,  the  substitutes  having  sub- 
stantially no  greater  cap.i'  for  which  ihcy  were  substituted. 
When  a  substitute  has  .<  -r  capacity  than  that  for  which 
it  is  su'  '  '  f  flip  same  capacity  as  the 
thinjr  r-  .mf!  the  remaining  portion 
■>f  the  I           ...:ged  ai  a  betterment. 

15.  Repairs  defined. — When  through  wear  and  tear  or  through  casualty 

■     • '                    ■  ■•'  -y  strurturr.  facility,  or  unit 

I  i/ivj  mo/  amount  to  a  sub- 

stu-  V.xy,  or  unit  of  equipment, 

the  rrplacemcnt  of   such  part  is  to  :  '.  a  repair,  and  the  cost  of 

such  repair  is  to  he  treated  a*  an  opf:  "-  rsr^'  ~n't  not  Vc  charged 
■  ^  a  replacement  in  any  capital  account. 

•Raad  mad  <^'*^~'  — ""  —•-•-'-  •  -'-  •-  >  •-  ,^i,,.„  nrnt 

Rcqulr*-^  »n<)  '  1  SupplloK 

^o<v..,r>i :  »hr-  aooouni. 

r  ■     '  ,  d  to  the 

n;  r<\  tg  kTt 

.  .  rsona  are 


Uniform  Accounts — Electrical  Corporations 


16.  First  entries  must  enable  identification. — Throughout  all  capital  ac- 
counts, the  first  entry  in  respect  of  any  particular  thing  shall  describe  it 
with  such  particularity  as  to  enable  its  identification,  and  shall  give  it  a 
distinguishinLT  name,  number,  or  other  designation  by  which  it  shall  there- 
after be  designated  in  every  entry  in  any  capital  account  which  in  any  way 
concerns  it.  In  the  case  of  continuous  structures  like  railroad  track,  or 
electric  line,  or  pipe  line,  such  structures  shall  be  itemized  to  the  extent  that 
no  item  shall  contain  more  than  one  operating  division  or  more  than  one 
type  of  construction,  and  the  entry  in  relation  to  any  item  shall  describe  the 
size,  weight,  type,  and  other  principal  physical  characteristics  of  the  chief 
constituent  parts,  together  with  their  spacing  if  discontinuous. 

17.  Costs  of  new  capital  to  be  actual  money  costs. — All  charges  made  to 
capital  or  other  accounts  on  or  after  January  1,  1909,  shall  be  the  actual 
money  cost  of  the  things  in  respect  of  which  they  are  made.  When  the  con- 
sideration actually  given  for  the  thing  in  respect  of  which  a  charge  to  a 
capital  account  is  made  is  anything  other  than  money,  the  actual  considera- 
tion shall  be  described  in  the  entry  with  sufficient  fullness  and  particularity 
to  identify  it,  and  the  amount  charged  shall  be  the  actual  money  value  of 
such  consideration  at  the  time  of  the  transaction. 

18.  Discounts  upon  securities  not  to  be  charged  to  capital  accounts.— 
Discounts  upon  securities  and  other  commercial  paper  issued  in  payment  for 
capital  are  to  he  provided  for  in  other  accounts  and  must  in  no  case  be 
charged  to  the  capital  accounts. 

19.  Costs  of  labor,  materials,  and  supplies. — Cost  of  labor  (employed 
in  construction)  includes  not  only  wages,  salaries,  and  fees  paid  employees, 
but  also  such  personal  expenses  of  employees  as  are  borne  by  the  corpora- 
tion. Cost  of  material  and  supplies  consumed  in  construction  is  the  cost  at 
the  places  where  they  enter  into  construction,  including  cost  of  transportation 
and  inspection  when  specifically  assignable.  If  such  materials  and  supplies 
are  passed  through  storehouses,  their  cost  entered  in  the  account  may  include 
a  suitable  proportion  of  store  expense. 

20.  Withdrawals  or  retirements. — When  anything  is  withdrawn  or  re- 
tired from  service,  the  amount  at  which  such  thing  stood  charged  in  the  capi- 
tal account  shall  be  credited  to  the  capital  account  in  which  it  stood  charged 
at  the  time  of  withdrawal,  and  the  entry  of  such  credit  shall  cite  by  name 
and  page  of  book  or  other  record  the  original  entry  of  cost  of  the  thing  with- 
drawn. If  there  is  no  such  original  entry,  that  fact  shall  be  stated  in  con- 
nection with  the  credit  entry,  and  the  actual  amount  originally  charged  shall 
be  credited.  If  such  amount  is  not  known,  it  shall  be  estimated,  the  facts 
upon  which  the  estimate  is  based  shall  be  shown,  and  the  amount  thus  esti- 
mated to  he  the  original  charge  in  respect  of  such  thing  withdrawn  shall  be 
credited. 

21.  Particulars  required  to  be  shown  in  entries. — Every  charge  made 
to  a  capital  account  on  or  after  January  1,  1909,  shall  show  whether  the  thing 
in  respect  of  which  the  charge  is  made  is  original  capital,  or  an  addition,  a 
betterment,  a  renewal,  or  a  replacement.  If  the  thing  is  a  betterment,  thr 
entry  shall  designate  the  thing  enlarged  or  improved  and  shall  cite  by  name 
and  page  of  book  or  other  record  the  original  entry  of  cost  of  such  thing 
enlarged  or  improved.     If  the  thing  to  which  any  charge  hereafter  made  re- 


Public  Service  Commission — First  District 


latcs  IS  a  renewal  or  a  replacement,  t\\e  entry  made  in  respect  llicreof  shall 
designate  the  thing  renewed  or  replaced  and  shall  cite  by  name  and  page 
of  book  or  other  record  the  original  entry  or  entries  of  cost  of  such  thing 
renewed  or  replaced.  If  there  is  no  entry  in  the  accounts  of  the  corporation 
showing  the  cost  (to  the  corporation)  of  the  thing  bettered,  renewed,  or  re- 
placed, that  fact  shall  l>c  stated  in  the  entry  describing  the  betterment, 
renewal,  ur  replacement,  and  the  original  cost  of  such  thmg  to  the  corpora- 
tion shall  be  stated.  Such  ccst  shall  be  estimated  if  not  known,  and  when 
cstinated  the  fjasis  of  such  estimation  shall  be  shown. 

22.  Betterments  involving  partial  destruction  of  thing  bettered.— >I  f  any 

bettcrnunt  invo!\<.s  the  partial  dtstructiun  or  partial  reconstruction  of  the 
thing  liettcred,  <.nly  such  portion  of  the  cost  of  the  change  shall  be  charged 
as  a  l>etterment  as  will  when  added  to  the  original  cost  (estimated  if  not 
known)  of  the  thing  lettered  give  the  cost  of  reconstruction  or  replacement 
of  the  thing  as  bettered,  and  the  remainder  of  the  cost  of  the  change  (account 
being  taken  of  any  salvage)  shall  be  charged  to  the  appropriate  repair 
account. 

B.  g.,  a  bulldlns,  original  coat  unknown  but  ettUiiuil'.-d  to  b«  IIS.OOO.  Is  lx-ttcr«4l 
by  the  conatructlon  of  nn  elevator  shuft.  luul  lt«  Htnlrwiiy.s  an-  modifled  so  as  to  t>« 
Mr.'i.roof:  t>i..  nrfunl  •  xf<  ndlliiri-  for  th.-«.-  rti.inK«'!«  Ix  IS.Oini  ;  tho  «-Htlini»t«^l  oml 
of  n-placcmcnt  of  th«>  butldJnv  (aa  modlflt-d)  with  one  equally  Bor\'iccable  and 
with  an  <nunl  exp^ctntlon  of  life  \n  $16,000;  Ihp  chnrgo  to  cipltal  account  r»  a 
b.tt<rm.  nt  *h'>uld  b<'  f  l.ono.  and  tl>i>  rem.tlnder  <  $2,000)  of  the  cx|>endUure  should 
be  cliarged  to  the  appropriate  r<<paira  account. 

23.  Plant  and  cqtiipment  and  other  capital  purchased.— When  any  fixed 

capital  in  the  form  of  a  going  or  coniphteii  plant  is  purchased,  an  appraisal 
of  such  capital  so  acquired  shall  be  made,  and  the  dilTcrent  constituent  ele- 
ments of  the  plant  (and  equipment,  if  any)  or  other  capital  acquired  shall 
be  appraised  at  their  structural  value;  that  is  to  say.  at  the  estimated  cost 
of  replacement  or  reproduction  less  deterioration  to  the  then  existing  condi- 
tion through  wear  and  tear,  obsolescence,  and  inadequacy.  If  the  actual 
money  value  of  the  consideration  given  for  the  plant  or  other  capital  was 
at  the  time  of  the  acquisition  in  excess  of  such  appraised  value,  the  excess 
shall  be  charged  to  the  account  "Other  Intangible  Klcctric  Capital."  and  the 
appraised  values  of  the  constituent  elements  shall  l>e  charged  to  the  appro- 
priate account*  as  designated  in  the  foll.,wmg  definitions  of  accounts  for  fixed 
capital.  If  the  actual  money  value  of  the  consideration  given  was  not  in 
excess  of  such  appraised  value,  such  actual  money  value  shall  be  distributed 
through  the  .said  accounts  in  proportion  to  the  <»aid  appraised  value  of  the 
constituent  elements  appropriate  to  the  respective  accounts.  Full  report 
of  the  contract  of  acquisition,  the  consideration  given  therefor,  the  deter- 
mination of  the  actual  nmney  value  of  such  riins-deration,  the  apprai.sal,  and 
the  amounts  charerd  to  the  respective  accounts  for  rach  plant  or  other  such 
fixed  capital  purchased,  will  be  required  to  be  made  to  the  Public  Service 
Commission,  and  the  purchaser  will  be  required  to  procure  in  connection  with 
the  acquisition  of  any  such  plant  or  other  fixed  capital  all  existing  records, 
memoranda,  and  accounts  in  the  possession  or  control  of  the  grantor  relating 
to  the  construrt!'  n  and  improvement  of  such  plant,  and  to  preserve  such 
records.  memor.inr!a.  and  accounts  until  authorized  by  law  to  destroy  or 
'Otherwise  dispose  of  them. 


Uniform  Accounts — Electrical  Corporations  9 

24.  Definitions  of  Fixed  Capital  accounts. — In  the  following  definitions 
of  accounts  the  letters  and  numbers  prefixed  to  the  titles  arc  inserted  solely 
for  convenience  of  reference  and  are  no  part  of  the  titles  or  of  the  definitions: 

ElOO.    Fixed  Capital,  December  31,  1908. 

Charge  to  this  account  all  the  Fixed  Capital  of  the  accounting  person  or 
corporation  devoted  to  electric  operations  as  such  capital  stood  at  the  close 
of  December  31,  1908.  Such  charges  shall  be  made  at  the  figures  at  which 
such  capital  was  carried  on  the  books  of  the  said  person  or  corporation  on 
that  date.  When  any  capital  included  in  such  account  is  retired  from  service, 
the  amount  at  which  it  is  charged  therein  shall  be  credited  to  this  account; 
the  amount  of  depreciation  or  other  amortization  thereon  applicable  to  the 
period  subsequent  to  December  31,  1908,  shall  be  charged  to  account  No.  374, 
"Accrued  Amortization  of  Capital,"  proper  account  shall  be  taken  of  any 
salvage,  and  the  remainder  of  the  amount  originally  charged  to  capital  shall 
be  concurrently  charged  to  the  Corporate  Surplus  or  Deficit  account  (or 
equivalent  account  carried  on  the  books  on  December  31,  1908),  unless  there 
was  carried  on  the  books  at  that  date  a  reserve  to  cover  retirement  of  capital 
from  service,  in  which  case  the  said  concurrent  charge  shall  be  made  to 
such  retirement  reserve  account.  If  the  amount  at  which  the  said  capital 
in  service  on  December  31,  1908,  and  subsequently  retired  from  service,  was 
included  in  the  said  account  is  not  disclosed  on  the  books  and  records  of 
the  accounting  person  or  corporation  and  is  not  within  the  knowledge  of 
such  person  or  corporation  or  officers  or  other  employees  thereof,  it  shall  be 
estimated,  and  such  estimated  amount  shall  be  treated  as  is  above  directed  for 
the  actual  amount,  the  fact  of  estimation  being  stated  in  the  entry. 

Note. — Corporations  will  be  required  to  carry  as  sub-accounts  of  the  account 
"Fixed  Capital,  December  31,  190S,"  the  several  accounts  on  their  books  on  that 
date  which  are  combined  to  make  up  the  said  account,  and  to  furnish  Information 
concerning  such  sub-accounts  In  their  annual  reports. 

The  following  capital  accounts  are  prescribed  for  transactions  subsequent 
to  December  31,  1908: 

El  10.    Land  Devoted  to  Electric  Operations. 

Charge  to  this  account  the  cost  of  the  accounting  corporation's  landed 
capital  which  is  devoted  to  electric  operations  as  hereinbefore  defined.  This 
includes  land  occupied  by  generating  stations  and  their  appurtenances,  rights 
of  way  for  transmission  and  distribution  lines  and  other  electric  operations ; 
also  those  for  canal  and  pipe  lines,  water  rights,  and  rights  of  pondage,  flow- 
age,  and  submersion,  where  such  rights  have  lives  in  excess  of  one  year  from 
the  date  when  such  land  is  placed  in  service.  Such  cost  includes,  when 
assumed  or  paid  by  the  purchaser  in  its  oicn  behalf,  cost  of  registration  of 
title,  cost  of  examination  of  title,  conveyancer's  and  notary's  fees,  purchasing 
agent's  commissions  or  fees,  or  proportion  of  purchasing  agent's  salary,  taxes 
accrued  to  date  of  transfer  of  title,  and  all  liens  upon  the  title  acquired; 
also  costs  of  obtaining  consents  and  payments  for  abutting  damages. 

Note  A. — Cost  of  buildings  and  otlier  Improvements  must  not  be  Included  in 
this  account. 

Note  B. — If  at  the  time  of  acquisition  of  an  Interest  in  lands  it  extends  to 
bulldlners  or  othi  r  Improv.ments  thoroon.  which  Iniprovomenta  ure  devoted  by  th«» 
corporation  to  Its  electric  operations,  and  the  contract  of  acquisition  does  not 
determine  the  price  of  such  Improvement.^,  they  shall  be  appraised  at  their  fair 
cash  value  for  use  In  such  operations,  and  such  appraised  value  shall  be  charged 


10  i'LBUC  iJEKVICE  CoMUlSSlUN — FiRST    DISTRICT 

■  t  "LAnd  Df- 

;  lo  cU^'irtc 

■..la,   11k*   ojuI 

.1  of  acqulBlUon) 

..  iiccounl  for  olhiT 

..    ... .    ...'    aalva^i-    (le«ii   lli* 

r  rvmuvai  or  wrrclims<  )  it.'iall  b«-  •■ic(udo<i  frum  iiic  Account  "LahJ  I>«voie<) 

•ric  Oi>«raUon»".     TIm-  «-nlr1<-«  in  thli*  Hcoiiunt  inii»t  U-  made  In  ouch  wla«  as 

oorporuUon  to  Miiuw  In  kUi  annuai  ix-purt  to  the  Pultlic  Service  Com- 

il>divUlon  of  tltc  co»t  of  Ita  land  devot«d  to  electric  o|M'rallona  into 

1.1!  V  0<n<nitlns  Ftattona. 

Iai   ;  Outaldv  Sub-stations. 

Other  La:;J  L>t\uted  to  Electric  Oi>«ration». 

101.    Obcamzation. 

ChafRC  to  this  account  all  fees  paid  lo  ftovcrntncnts  for  the  privile^  of 

.ncf  rporaiion.  and  all  office  and  other  expenditure  incident  to  orRanicinf;  the 

orporation  or  other  enterprise  and  putting  it  in  readiness  to  do  businejis 

This  includes  cost  of  preparing    and  distributinR  prospectuses,  cost  of  solicit- 

■    '     '        -     •      '    ■  .    .  f^.r  Joans  nor  for  the  purchase  of  bonds 

i5h  fees  paid  to  promoters,  and  the  actual 

!i  o!  securities  paid  to  promoters  for  their 

^rrviccs  in  orKantzinK'  the  entcrjirise.  counsel  fees,  cost  of  preparing  and  issu- 

.ng  certificates  of  strK-k.  and  c<'St  of  procuring  certificates  of  necessity'  from 

tate  authorities,  and  other  like  costs.     Like  costs  incident  to  preparing  and 

•  lintr  rertifirate*  of   atithonration  of   increase  of   capital   stock,   and   to  the 

thereunder,  shall  be  classed  as  additions.     Cost 

•cs  of  amendment  of  articles  of  incorporation 

''  St  of  preparing:  and  filing  papers  in  con- 

in  of  incorporation  or  with  reinoorpora- 

•    shall  be  classed  as  a  renewal.     This  ac- 

>unt  shall  not  include  any  discounts  upon  stocks  or  other  securities  issued, 

nor  »hatl  it  include  any  cost*  incident  to  negotiating  loans  or  selling  bonds  or 

other  evidence  of  Indehtrdness. 

E102.    FiAKcnises  (Elkcthc). 
To  this  account  shall  l)c  charged  "the  amount  (exclusive  of  any  tax  or  an- 
nual charge)  actually  paid  to  the  State  or  to  a  political  subdivision  thereof 
A^  the  consideration  for  the  grant  of  such  franchise  or  right"   (section  69 
if  the  Public  Service  Commissions  I^w)  as  is  necessary  to  the  conduct  of 

such    franchi.ie    is    acquired 
;   in  respect  thereof  must  not 
'    corporation  to  its  assignor, 
nor  shall  it  exceed  thr  statute  above  quoted      Any 

rxcesj  of  the  amount  »■  r.ition  over  the  amount  speci- 

fied in  the  statute  shall  !<  cliiiged  iw  ilic  account  "Other  Intangible  Electric 
Capital".  If  any  surh  franchise  has  a  life  of  not  morr  than  onr  year  after 
the  date  uhen  it  is  '■'.aced  ir,  srrfi.'e.  it  shall  not  he  charged  to  this  account 
but  to  the  approjinate  accounts  in  "Operating  Expenses,"  and  in  "Prepay- 
ments" if  er'"-''  •   ■  ' '•    -  '  '^r  fiscal  year. 

Payment'  or  to  some  subdivision  thereof  as  a  considera- 

tion for  gr.  t  for  more  than  one  year  of  the  life  period  of  a 

franchise  shall  be  classed  as  renewals.     Those  made  as  a  consideration  for 


Uniform  Accounts — Electrical  Corporations  U 

franchises  or  extensions  thereof  covering  additional  territory  to  be  operated 
as  a  part  of  an  existing  system  shall  be  classed  as  betterments.  If  the  fran- 
chises cover  separate  and  distinct  new  enterprises,  the  payments  therefor  shall 
be  classed  as  original. 

Note. — Annual  or  more  frequent  payments  In  respect  of  frajichlsea  must  not  be 
chargid  to  this  account  but  to  the  appropriate  tax  or  operating  expense  account 

E103.    Patent-rights   (Electric). 

Cliarge  to  this  account  the  cost  of  all  rights  (having  a  life  of  more  than 
one  year  from  the  date  when  placed  in  service)  acquired  by  the  corporation 
in  or  under  valid  patents  granted  by  the  United  States  to  inventors  for  in- 
ventions and  discoveries  which  are  necessary  to  the  economical  conduct  of  the 
corporation's  electric  operations.  If  any  such  right  is  extended  to  cover  a 
further  period  of  time  than  that  covered  by  the  original  grant,  the  cost  of 
such  extension  shall  be  classed  as  a  renewal.  A  patent-right  acquired  for  use 
in  an  existing  system  and  necessary  to  the  economical  operation  thereof  shall 
be  classed  as  an  addition. 

E104.    Other   Intangible  Electric  Capital. 

Charge  to  this  account  the  cost  of  all  other  property  coming  within  the 
definition  of  intangible  capital  and  devoted  to  electric  operations.  All  entries 
of  charges  to  this  account  shall  describe  the  acquired  property  with  sufficient 
particularity  clearly  to  identify  it,  and  shall  also  show  specifically  the  princi- 
pal from  whom  acquired  and  all  agents  representing  such  principal  in  the 
transaction;  also  the  term  of  life  of  such  property,  estimated  if  not  known, 
and,  if  estimated,  the  facts  upon  which  the  estimate  is  based. 
E121.    General  Structures. 

Charge  to  this  account  the  cost  of  all  buildings  and  other  structures  of  a 
permanent  character  devoted  to  general  corporate  purposes,  not  restricted 
to  electric  operations  and  not  includible  in  any  of  the  departmental  accounts ; 
also  of  all  fixtures  permanently  attached  thereto  and  made  a  part  thereof, 
such  as  water  pipes  and  fixtures,  steam  pipes  and  fixtures  for  warming  and 
ventilating,  pas  pipes  and  fixtures  for  lighting,  etc.,  electric  wiring  and  fix- 
tures for  lighting,  signaling,  etc. ;  elevators,  etc.,  and  the  engines  and  motors 
specially  provided  for  operating  them ;  furnaces,  boilers,  etc.,  specially  pro- 
vided for  producing  steam  for  such  engines  and  for  heating,  electric  gen- 
erators specially  provided  for  producing  current  for  lighting  such  buildings, 
etc.  This  account  includes  such  piers  and  other  foundations  for  machinery 
and  apparatus  as  are  designed  to  be  as  permanent  as  the  buildings  in  (or  in 
connection  with)  which  they  are  constructed,  and  to  outlast  the  first  ma- 
chinery or  apparatus  mounted  thereon. 

Note  A. — Among  such  buildings  may  be  mentioned  general  office  buildings, 
greneral  shop  buildings,  general  storehouses,  general  stable  buildings,  etc.  Whon? 
general  offices,  shops,  storehouses,  stables,  etc..  are  In  buildings  Includible  In  a 
dep.-irtm'  ntal  account,  as  e.  p..  In  a  power  station  biilldlnp.  no  part  of  the  cost  of 
such  building  shall  be  charged  to  this  account.  This  account  Is  prov1d(^d  for 
structur>'3  of  a  general  or  miscellaneous  character  not  assignable  to  any  partic- 
ular department. 

Note  B. — \Vhen  furnaces  and  boilers  nro  usod  primarily  for  furnishing  steam 
for  somo  particular  df^partment  and  only  Incidentally  for  furnishing  .<»t' am  for 
heating  a  general  building  and  operating  the  equipment  therein,  the  entire  cost  of 
such  furnaces  and  boilers  shall  be  charged  to  the  appropriate  departmental  capital 
account,  and  no  part  to  the  account  "General  Structures". 


12  Public  Service  Commission — First  District 

E122     GENEaAL  Equipment. 
Charge  to  this  account  the  cost  of  all  equipment  oJ   Rincral  structures,  as 
provided  under  the  following  heads : 

a.  iienrral  Olf'ue  liiiuif-mfnt .  This  includes  the  cost  of  all  equipment  of 
general  offices,  such  as  desks,  chairs,  tables.  mo%-able  safes,  filing  cases,  draft- 
ing room  equipment,  and  other  like  office  appliances  and  equipment ;  also 
engineering  instruments. 

b.  General  Shop  liquiprntnt:  This  includes  the  cost  of  all  equipment 
specially  provided  for  general  shops,  such  as  furnaces,  boilers,  gas  producers, 
engmes.  electric  generators,  and  other  power  apparatus  used  in  operating 
machinery  in  such  shops ;  machine  tools,  cranes,  hoists,  shafting,  belts,  and 
the  like  shop  equipment ;  also  such  smithing  equipment  in  general  shops  as 
is  used  principally  for  other  general  purposes  than  shoeing  horses  and  re- 
pairing vehicles. 

Note. — Hand  and  other  Bmall  portablf  tools  liable  to  Ix*  lost  or  stolon  shall  not 
t)c  Includi'd  herein,  but  portable  tools  and  np{>nrntus  of  special  value  may  be 
charged  to  thin  account  and  remain  heroin  so  long  aa  n-cord  Is  kept  of  the  p«TJ«ons 
to  whom  such  tools  and  apparatus  are  Issued  and  such  persona  are  made  reapon- 
•ible  therefor. 

c.  Ctcneral  Store  Rquipment:  This  includes  the  cost  of  all  equipment  of 
general  store  structures,  such  as  mo\-able  counters,  movable  shelving  and 
other  movable  equipment  of  like  nature,  carts,  barrows,  trucks,  etc.,  and  other 
apparatus  and  appliances  u<ed  in  hnndlinp  materials  and  supplies. 

NoTK. — Counters,  shehing  and  the  like  which  are  permanently  attached  to  the 
structure  shall  be  charged  to  account  No.  E121,  "General  Structure*,"  and  not  to 
tltls  accounL 

d.  (ieneral  Slahle  I-.c,uif'ment :  This  includes  the  cost  of  all  equipment  of 
general  stables,  including  horses,  harness,  drays,  wagons,  automobiles  and 
other  vehicles,  equipment  of  shewing  shops,  harness  repair  shops,  vehicle  re- 
pair  shops,   etc. 

KlJl.  Dams,  Canai^,  and  Pite  Likes. 
Charge  to  this  account  the  cost  of  all  dams,  canals,  aqueducts,  and  pipe 
lines  devoted  to  the  utilization  of  water  power  and  the  delivery  of  the  water 
to  the  hradgate  of  the  turbine  or  water-wheel;  al.so  that  of  all  w.isteways 
from  the  outlet  of  the  draft-tul>e  to  the  point  of  final  discharge.  This  in- 
cludes all  gates,  valves,  and  other  accessories  of  such  dams;  also  wasteways, 
sluices,  forebays,  grids,  walls,  fences,  etc,  for  the  protection  of  such  canals 
and  pipe  lines,  and  all  trestles  and  other  supportini;  structures;  also  all 
viaducts,  bridges,  foot-bridges,  etc.,  over  and  accessory  to  or  necessitated  by 
such  canals,  aqueducts,  and  pipe  lines. 

E132.    Pow«  Plant  Rimi.pinc.s 

Qiargc  to  this  account  the  cost  of  material  used  and  la]>or  expended  in 
erecting  buildings  to  be  u»e<l  for  housing  power  generating  plants.  This  ac- 
count includes  cost  of  excavations,  permanent  foundations,  drainage,  gas  and 
water  pipes  and  connections,  grading  grounds,  and  furniture  and  fixtures 
when  permanently  attached  to  and  made  a  part  of  the  liuilding ;  also  the 
cost  of  architects'  plans,  and  of  suprrintcndenre  of  construction. 

Not*. — The  cost  of  spcctaUv  pro%1ded  foundations,  not  rxp«^ted  to  outlast  tha 
rnaehln«'->-  or  appamt"s  n»oi:nto<)  ih^roon.  should  ho  rh.-xrjrod  to  the  same  account 
%m  Is  th'   ef*t  of  th-    macblnrrv  or  apt>«rTini!i  for  whirh  thrv  are  provided. 


Uniform  Accounts — Elkctkical  Corporations  13 

E141a.  Furnaces,  Boilers,  and  Alvessukjes. 
Charge  to  this  account  the  cost  of  all  furnaces,  boilers,  and  boiler  apparatus 
and  accessories  devoted  to  the  productioji  of  steam  for  use  in  generating 
electric  encrg>'.  This  includes  boilers  and  valves  thereto  attached,  appurlenanl 
furnaces  and  grates,  and  tlucs  leading  to  smokestacks  and  chimneys,  and  the 
specially  provided  foundations  and  settings  of  such  boilers  and  appurtenances; 
also  iron  smokestacks.  It  also  includes  mechanical  stokers  and  other  like 
apparatus  for  regulating  the  supply  of  fuel,  etc.,  feed  and  hot  water  heaters 
and  economizers,  injectors,  filters,  feed  pumps,  blower  engines,  coal  conveyors, 
ash  conveyors,  water  pipes,  steam  traps,  drains,  and  separators,  and  pipes  for 
conducting  steam  from  the  boiler  to  the  engine  or  to  the  gas  producers,  ex- 
haust pipes,  etc.  It  does  not  include  steam  pipes  whose  primary  purpose  is 
the  heatmg  of  buildings. 

E141b.  Steam  Engines. 
Charge  to  this  account  the  cost  of  all  steam  engines  devoted  to  the  produc- 
tion of  electric  energy.  This  includes  the  specially  provided  foundations  and 
settings  of  such  engines.  The  engine,  whether  reciprocating  or  rotary  (such 
as  steam  turbines),  shall  be  considered  to  include  the  throttle  or  inlet  valve 
and  the  governor;  also  condensers,  air  and  circulating  pumps,  lubricating 
systems,  etc.,  but  not  the  steam  pipe  leading  from  the  boiler,  nor  the  exhaust 
pipe.  Where  the  electric  rotor  is  mounted  on  the  engine  shaft,  the  shaft  shall 
be  considered  a  part  of  the  steam  engine  and  the  electric  rotor  thereon  shall 
be  considered  a  part  of  the  electric  equipment. 

E142.  Turbines  and  Water-wheels. 
Charge  to  this  account  the  cost  of  all  turbines  and  water-wheels  devoted  to 
the  conversion  of  water  power  into  mechanical  power  for  the  production  of 
electric  energy.  This  includes  the  specially  provided  foundations  and  settings 
of  such  engines,  also  their  governors  and  all  other  appurtenant  apparatus 
attached  thereto  from  and  inclusive  of  the  headgates  and  governors  to  (but 
exclusive  of)  the  wasteway.  Where  the  electric  rotor  is  mounted  on  (not 
merely  coupled  to)  the  shaft  of  the  hydraulic  engme,  the  shaft  shall  be 
considered  a  part  of  the  hydraulic  engine  and  the  electric  rotor  thereon  shall 
be  considered  a  part  of  the  electric  equipment. 

El 43a.    Gas  Producers  and  Accessories. 

Charge  to  this  account  the  cost  of  producers  and  accessories  devoted  to  the 
production  of  gas  for  the  purpose  of  operating  electric  generators,  including 
the  cost  of  specially  provided  foundations  and  settings  tor  such  producers 
and  accessories.  This  account  includes  producers,  economizers,  regenerators, 
vaporizers,  steam  injectors,  scrubbers,  exhauster  outfits,  seals,  specially  pro- 
vided boilers  and  pumps,  flues  and  piping,  blower  engines,  pipes  for  the  con- 
duction of  gas  from  such  producers  to  holders  and  to  gas  engines,  holders 
for  producer  gas,  exhaust  pipes  from  gas  engines,  etc.  It  does  not  include 
pipes  whose  primary  purpose  is  the  warmmg  of  buildings ;  nor  does  it  in- 
clude power  transmission  apparatus,  or  water  pipes,  steam  pipes,  water  pump?, 
or  inspirators. 

E143b.    Gas  Engines. 

Charge  to  this  account  the  cost  of  all  gas  engines  devoted  to  the  produc- 
tion of  electric  enercy,  including  the  specially  provided  foundations  and  set- 
tings of  such  engines.  The  engine  includes  the  inlet  valve,  governor,  and 
ignition  and  starting  apparatus,  but  not  the  pipe  leading  from  the  gas  holder. 


14  PuBuc  Service  Commission — First  District 

nor  the  exhaust  pipe.     Where  the  electric  rotor  it  mounted  on  the  engine 
sliaft,  the  shaft  shall  be  considered  a  part  oi  the  engine  and  the  (■!••  <ri<-  f'-r 
thereon  shall  be  considered  a  part  of  the  electric  equipment. 
El 44a.    Euu-TRic  Genejiatoks. 

Charge  to  this  account  the  cost  of  all  electric  generating  apparatus  driven 
hy  engines  operated  by  steam,  water,  or  gas ;  and  rotaries  and  motor  ger.erat- 
mg  sets,  exciters,  etc.,  when  not  installed  in  connection  with  transmission  sys- 
tems. This  includes  the  specially  provided  foundations  and  settings  of  sudi 
apparatus.  Where  the  electric  rotor  of  such  apparatus  is  mounted  on  the 
shaft  of  the  steam,  hydraulic,  or  gas  engine,  the  rotor  is  to  be  included 
herein,  but  not  the  shaft.     Bil'  '     '       md  other  like  intermediaries 

between  such  cns^'incs  ant!  thr  to  l>c  excluded  herefrom. 

Norm. — Rofardlnc  tranBmlssl   •  .,   seo  tho  note  to  account  No. 

R163,  "TransmlBsion  8yst«m".     (t>cv  («««.•  lu.> 

E144b.    Accessory  Electkic  Power  Equipment. 

Qiarge  to  this  account  the  cost  of  all  electric  equipment  of  generating 
stations  not  includible  in  the  last  foregoing  account.  This  account  includes 
bus-bars,  regulators,  station  switchboards  and  equipment,  such  as  circuit- 
breakers,  swildies,  ammeters,  voltnulcrs.  wattmeter.";,  and  the  like,  and  their 
foundations  and  settings;  also  hc.idgate  motors,  pump  motors,  air  compressor 
motors,  etc.,  and  special  high-tension  transnussion  equipment  at  power  sta- 
tions, such  as  high-tension  bus-bars,  high-tension  switchboards,  high-tension 
switches,  high-tension  current  transformers,  high-tension  lightning  arresters, 
high-tension  potential  transformers,  high-tension  reactive  coils,  high-tension 
choke  coils,  high-tension  grounding  devices  and  resistances,  high-tension 
raising  and  lowering  transformers,  etc. 

EMS.    MiscBj^Ntovs  Power  Plant  Equipment. 

Charge  to  this  account  the  cost  of  all  miscellaneous  equipment  at  power 
plants  which  is  not  includible  in  any  of  the  foregoing  accounts.  This  includes 
.such  mechanical  apparatus  as  belts,  pulleys,  hangers,  countcr.shafts,  and  other 
apparatus  intermediary  between  the  prime  mover  and  the  electric  generator. 
cranes,  hoists,  etc.,  and  machine  tools  and  such  other  tools  at  power  plants 
as  arc  proper  to  he  capitaliied,  etc. 

Note. — Thl«  account  should  not  Include  any  lub-mntlon  equlpmi^t 

EI5I.       Sun-PTATinN   Buildings. 
Charge  to  this  account  the  cr>$t  of  material  used  and  labor  expended  In 
erecting  buildings  to  be  used  for  power  sub-station  purposes,  including  ex- 
.-tvations,   permanent    foundations,   drainage,   gas  and   water  pipes  and  con- 
'•ctions.  grading  «rrnun<ls.  and  furniture  and  fixtures  when  permanently  at- 
tached to  ar  ■  '  .  .      ■      .  ,        .  ^jj^  jj^^  j^^j  ^j  architects'  plans, 
and  of  <tip<  • 

NoT«. — No  .  -  Hoeount  In  rmpcct  of  a  power  plant 

biilldtns.  «vcn  Uioutfh  nucit  l>ul>iiii>4  aii>o  cwitlain*  sub-atAlion  apparatua. 

E1S2.  Sub-station  Equipment. 
Charge  to  this  account  the  cost  of  all  r<^uipment  of  sub-stations.  Such 
'  luipment  includes  not  only  electric  machinery  and  apparatus,  including 
5tr>ragc  batteries,  in  sub-stations,  but  also  all  other  furniture  and  equipment. 
such  as  furnaces.  lK>ilers,  stoves,  elevators,  etc.  permanently  assigned  to  such 
stations  but  not  affixed  to  the  structures  thereof.  It  docs  not  include  labora- 
tory instruments  and  appar.^tus  not  permanently  assigned  thereto,  nor  does 
it  include  tools  only  tTiporarily  assigned  to  such  stations. 


Uniform  Accounts — Electrical  Corporations  15 

E161.    Poles  and  Fixtures. 

Charge  to  this  account  the  cost  of  towers,  structures,  poles,  cross-arms,  and 
insulator  pins ;  braces,  brackets,  and  other  pole  fixtures ;  guys  and  other  sup- 
ports for  holding  the  towers,  structures,  and  poles  in  position ;  and  all  labor 
expended  in  connection  with  the  construction  of  pole  lines  or  structures  for 
carrying  the  transmission  and  distribution  systems. 

E162,    Underground  Conduits. 

Charge  to  this  account  the  cost  of  conduits  required  for  underground  wires 
and  cables,  including  manholes,  ducts  and  pipes,  sewer  connections,  sewer 
traps,  and  all  material  necessary  for  the  completion  of  the  underground  con- 
duit system  devoted  to  the  protection  of  the  transmission  and  distribution 
systems. 

E163.    Transmission   System. 

Charge  to  this  account  the  cost  of  the  transmission  system,  including  cables, 
wires,  insulators,  and  insulating  material. 

Note. — When  the  electric  current  generated  (or  received  from  another  corpo- 
ration) Is  conducted,  either  at  the  voltage  of  generation  (or  receipt)  or  at  a 
higher  voltage,  to  a  point  where  It  Is  (a)  lowered  In  voltage  by  means  of  step- 
down  transformers,  or  changed  as  to  kind  or  frequency  by  moans  of  (b)  motor 
generator  sets,  (c)  rotary  converters,  or  (d)  frequency  changers,  that  portion  of 
the  outside  line  or  conductor  system  antecedent  to  the  said  stepdown  transformers, 
motor  generator  sets,  rotary  converters,  or  frequency  changers,  shall  be  classed  as 
the  Transmission  System;  except,  however,  that  primary  wiring  In  lighting  sys- 
t<ins  at  not  to  exceed  4,400  volts.  4-wlre,  3-ph;i.se,  sliall  be  classed  as  a  part  of 
the  Distribution  System.  Tie-lines  between  generating  stations  and  sub-stations 
shall  follow  the  same  rule.  Line  transformers  are  not  Included  among  the  "step- 
down  transformers"  above  mentioned. 

E164.    Distribution  System. 

Charge  to  this  account  the  cost  of  all  distribution  main  conductors  and 
feeders,  including  the  cost  (in  place)  of  all  cables,  wires,  insulators,  and 
insulating  material. 

This  account  shall  be  subdivided  so  as  to  show  separately  the  following: 

a.  Overhead  Distribution   System; 

b.  Edison  Tube  System,  including  the  cost  in  place  of  all  the  Edison  tube 
system  material,  such  as  junction  boxes,  tubing  material  and  conductors, 
coupling  boxes,  etc. ; 

c.  Other   Underground  Distribution  System. 

Note  A. — The  amounts  charged  to  the  subdivisions  above  stated  will  be  required 
to  be  separately  reported  in  the  annual  reports  of  the  corporation  to  the  Public 
Service  Commission. 

NoTB  B. — For  the  distinction  between  the  transmission  system  and  the  distribu- 
tion system,  see  the  note  to  account  No.  El 63,  "Tran.smisslon  System". 

E165.  Line  Transformers  and  Devices. 

Charge  to  this  account  the  cost  of  all  line  transformers  (both  overhead  and 
underground"),  pole  line  liphtning  arresters,  transformer  cut-out  boxes,  line 
cut-out  switclies,  etc.,  in  the  distribution  system. 

Note. — Upon  filing  with  the  Public  Ser\-lce  Commls.ilon  a  notice  thereof,  the 
accounting  corporation  may  also  Include  in  this  account  the  cost  of  line  trans- 
formers and   devices   (emporoH/w   withdrawn   from   8er\lce. 

El 66.    Electric  SER\acES. 

Charge  to  tliis  account  the  cost  of  all  conductors  (and  appurtenant  insula- 
tion, ducts,  and  supports)  connecting  the  distribution  mains  with  electric  ap- 
paratus and  appliances  in  the  possession  of  consumers. 

Note. — Cost  of  renewing  or  modifying  services  shall  not  be  charged  to  this 
account. 


16  Public  Sekvice  Commission — First  District 

El 67a.     ELtcnuc  Mmas. 
CharKf  to  thi»  acomnt  the  cost  of  meters  used  in  determining  the  amount 
electric  enerjo'  drlnered  ti.  the  several  consumers  to  \vhr.m  it  is  supplied. 
>;<yT«   A. — Cost  of  Matins.   rcmovlnK.  or   rc-M-tUns  vuch   m«tera  Bhall  not  b« 
rhAri«'d  to  lhl«  kceount. 

Ni.Tr  H  ri«.n  niltju  with  the  Public  8tTvJc«-  C.nnmJMlon  a  n<«tlw»  Uurt-of. 
Uu  ao<~<>'.intl[itf  <xr(x)rktlun  mny  also  Include  In  thta  aooounl  the  coat  of  ooo- 
»um<n«'   moti-m  temporoH/j/  withdrawn  from  wr\-lc-. 

E167b.     ELEcnttc  M»rrER  Instau-ation. 

QiarKe  to  this  account  the  cost  of  the  first  setting  of  meters  for  determin- 
ing the  amount  of  electric  energy  delivered  upon  the  premises  of  consumers, 
iH  casf  it  is  thf  policy  of  the  corporation  to  capiialice  the  cost  of  such  setting. 

Ncrni  A. — Coiit  of  rcmovlnj  «uch  moli-ni  and  of  settliuc  other  meters  BubBtltut<>d 
for  tJum  Bhrill  not  t>«-  chnnfed  to  this  account  but  to  account  No.  E533.  "Setting 
and  R«  movlnir  Mri<<r«  and  Transform' rw".      (Ah?  pajie  41.) 

Not*  B. — Thin  aceoiint  mu.it  not  IncUxl.^  at  any  Umo  the  cot  of  InatJillatlon  of 
I  crt'at'  r  iiumlx-r  of  c.>nj»umfni'  m-  t«T»  tlian  are  actually  In  •cr\1ce. 

E171.     Municipal  Street  Lighting  System  (Electric). 

CharRC  to  this  account  the  cost  (in  place)  of  all  property  of  the  company 
m  poles,  cross-arms,  pins,  braces,  insulators,  etc.,  arc  circuits,  lamps,  and  out- 
fits and  suspensions  specially  provided  for  the  municipal  street  lighting  sys- 
tem. Such  cost  includes  cost  of  material,  transportation,  setting  poles,  etc.. 
.nnd  rest'Tine  the  surface  of  the  street  to  the  condition  required  by  the 
municipality.  This  account  docs  not  include  any  part  of  the  general  distri- 
bution system,  but  only  things  in  the  utilization  pl.int  beyond  the  service  and 
devoted  to  the  municipal   service. 

NoT«  A. — Whero  the  munloi|>allty  requlrea  for  Ita  apiyrlal  tx-neflt  th«»  extenalon 
of  main'*  nnd  ^frv^rt^  tnr  Btrr^t  Ilffhtlnir.  auch  extenalona  may.  so  lonii  a«  ua*^ 
aolrly  f  :•  d  to  ihla  account  provided  a  full  d'^mrrlptlnn  of 

the  fxt'  •  imoimta  charwd  In  rMip<'rt  thor^ of  be  fll«yl  with 

thf   P«it'  •<   "r  Nforc  tho  dnt««  whon  tho  entry  ther«K»f  In 

mnd««  upon  tt.r  (.ck.-!  of  ih-    »<ri«onttlon. 

NoTK  B-  If  the  c»)rporatl<>n  tin' »  In  It.s  alrts  t  llt^htins  8>-atem  the  aantc  type 
of  nrr  Innit^  t' at  It  tiarn  In  H»  eoninv  rclal  lighting  «y.st"m.  and  uaea  them  Inter- 
ehanifahlv.  u  will  tv  rwrmltted.  \i]^n  flllnir  with  the  Public  S«t\1co  Commlaalon 
a  notle*>  fhorrof.  to  ehnnro  tho  oont  of  nil  are  lampa  In  Ita  atr«M»t  llfrhtinir  ayatem 
f.,  ,r*-...lt^^   Vr.    KI71,  ■■Commercial  Arc  I^mpa". 

F172     CovMEitaAL  Arc  T,amph 

*"].«; K<   ■>■■  tht*  account  the  cost  of  all  property  of  the  company  in  i..h,i..<, 
ci«l  are  lamps  supplied  to  ronsumers   (inrludinj?  mnniripal  buildings'^   where 
«.uch  lamps  have  an  expectancy  of  life  in  service  of  more  than  one  year. 

N'oTB  A. — M«»t«»ra  atippllod  to  eonaximora  am  pro\'ld^  for  In  n  foreirolnir  account 

I  ahould   not  h<-  Included  hnrcln. 

Sorrr  n  fp.in  nilnft  with  th^  P\iMlc  Service  Comralisalon  a  notice  thrreof.  the 
.leeotinflnir  enrtwimtlon  may  nUo  Include  In  thia  aoooimt  the  coat  of  are  lampa 
t«'mpnmHlv  withdrawn  from  nerrlc*. 

EI73.    GioKkicR  Lamps 

Charge  to  this  account  the  eo»t  of  all  property  of  the  company  in  electric 
frlowrr  lamps  supr'"'d  to  ronsumrrs  (inchiding  municipal  buildings)  where 
sjirh  lamps  have  an  rxrertanrr  of  life  in  service  of  more  than  one  vcar 

Not*  a. — Matera  aiipplled  to  conaumera  are  pro\ided  for  In  a  foroRoInu  aoootmt 
.ind  ahotild  not  t>e  Included  her«>ln. 

Not*  B. — TM»  aecount  la  restricted  fo  lonir-Mfe  lncand*'aeent.  or  erlowor  lampa 
a»ieh  a«  the  Nemat.  and  doea  not  Include  the  ordinary  carbon  filament  fncan- 
d*»*ic«nt  lamp*.     Short-life  Incandescent  tampa  (I.  e..  those  harinir  an  expectancy 


"Uniform  Accounts — Electrical  Corporations  17 

ot  life  of  not  more  than  one  year)  shall  be  charged  to  the  appropriate  operating 
expense  account  when  Issued  for  use,  and  prior  to  that  time  they  shall  be  carried 
In  the  appropriate  "Materials  and  Supplies"  account. 

NoTK  C. — Upon  filing  with  the  Public  Sirvlce  Commission  a  notice  thereof,  the 
accounting  corporation  may  also  include  in  this  account  the  cost  of  long-life 
Incandescent  lamps  temporarily  withdrawn  from  service. 

E174.    Electric  Motors  and  Heaters. 

Charge  to  this  account  the  cost  of  all  property  of  the  company  in  electric 
motors  and  heaters  leased  to  consumers  (including  municipalities),  and  of  all 
appurtenances  thereof,  such  as  fans,  etc. 

Note. — Upon  filing  with  the  Public  Service  Commission  a  notice  thereof,  the 
accounting  corporation  may  also  Include  in  this  account  the  cost  of  electric  motors 
and  heaters  temporarily  withdrawn  from  service. 

E175.    Electric  Tools  and  Implements. 

Charge  to  this  account  the  cost  of  all  tools  and  implements  coming  within 
the  scope  of  the  definition    (see  note  page  5)   of  electric  fixed  capital  and 
not  covered  by  any  of  the  foregoing  equipment  accounts. 
E176.    Electric  Laboratory  Equipment. 

Charge  to  this  account  the  cost  of  all  testing  apparatus  and  laborator>' 
equipment  not  elsewhere  provided  for. 

Note. — This  account  Includes  all  electric  testing  apparatus  and  equipment  In 
laboratories.  It  does  not  include  such  Instruments  as  are  permanently  assigned 
to  generating  stations,  sub-stations,  and  the  like,  such  as  station  ammeters,  volt- 
meters, and  wattmeters,  etc, 

E177.     Other  Tangible  Electric  Capital. 

Charge  to  this  account  the  cost  of  all  tangible  electric  capital  not  else- 
where provided  for. 

E281.     Engineering  and  Superintendence. 

Charge  to  this  account  all  expenditures  for  services  of  engineers,  drafts- 
men, and  superintendents  employed  on  preliminary  and  construction  work. 
and  all  expenses  incident  to  the  work,  when  such  disbursements  can  not  l>e 
assigned  to  specific  construction. 

Note. — \\'Tien  employees  enumerated  above  are  engaged  In  "work  not  chargeabl-- 
to  construction,  their  pay  and  expenses  shall  be  charged  to  the  specific  work  on 
which  engaged. 

E282.    Law  Expenditures  During  Construction. 

Charge  to  this  account  general  expenditures  of  the  following  nature,  in- 
curred in  connection  with  the  construction  of  an  electric  plant,  namely :  the 
pay  and  expenses  of  all  counsel,  solicitors,  and  attorneys,  their  clerks  and 
attendants,  and  expenses  of  their  offices;  printing  briefs,  legal  forms,  testi- 
mony, reports,  etc. ;  payments  to  arbitrators  for  the  settlement  of  disputed 
questions ;  costs  of  suit  and  payments  nf  special  fees,  notarial  fees,  and  wit- 
ness fees ;  and  expenses  connected  with  taking  depositions ;  also  all  legal  and 
court  expenses. 

When  any  of  the  expenditures  above  enumerated  can  be  charged  directly  t" 
the  arcount  for  which  incurred,  they  shall  be  so  charged  and  not  to  this  ac- 
count. Expenditures  in  connection  with  the  acquisition  of  the  right  of  way 
or  other  land  shall  be  charged  to  account  No.  El  10,  "Land  Devoted  to 
Electric  Operations".  Law  expenditures  in  connection  with  the  organization 
of  the  corporation  shall  be  charged  to  account  No.  101.  "Organization". 
E283.    Intltiies  During  Construction. 

Charge  to  this  account  all  expenditures  incident  to  injuries  to  persons  when 
caused  directly  in  connection  with  construction  oi  electric  plant  and  equip- 


18  VvBUc  Service  Commission — First  District 

:.cnt:  prn{>ortion  of  salaries  and  expenses  of  physicians  and  surgeons;  nursing 

(■  ■  ■  •  .  •  .  ■      '     .  '  '         f'i's.  artificial  limbs,  rail- 

'  .ml  attendants;  funeral 

V.,,    .  ^ ...    , .   ,  .    ,    riion  of  pay  and  cx- 

^)cn^cs  lit  claim  adjusters  and  their  clerks,  and  pay  and  expenses  of  employees 

and   others   called    in   ct-nsultalion   in    relation   to   the  adjustment   of   claims 

>ming  under  this  head;  also  witness  fees  and  amount  of  final  judgments. 

E284.  Taxis  During  Constbuctiom. 
CharKc  to  this  account  all  taxes  and  assessments  levied  and  paid  on  prop- 
-rty  belonging  to  the  corporation  while  under  construction  and  before  th^ 
plant  is  opened  for  commercial  operation,  except  special  taxes  assessed  for 
street  and  other  improvements,  such  as  grading,  sewering,  curbing,  guttering, 
paving,  sidewalks,  etc.,  which  shall  be  charged  to  the  account  to  which  the 
property  benefited  is  charged. 

E285.     Intfju^t  During  Constbcction. 

Oiarge  to  this  account  the  interest  accrued  upon  all  moneys   (and  credits 

available  upon  demand)  acquired  for  use  in  connection  with  the  construction 

lul  equipment  of  the  propert>'  from  the  time  of  such  acquisition  until  the 

•nstruction  is  ready  for  use.     Interest  receivable  accrued  upon  such  moneys 

aid  credits  sliall  be  credited  to  Uiis  account.     To  this  account  shall  also  be 

r edited   discounts   realized   through   prompt  payment  of   bills   for   materials 

.4tid  supplies  used  in  construction  unless  such  discounts  are  credited  to  the 

particular   bills. 

E1286.     Mist-WXANEOUP   CoNSTRrmov   ExptNT>iTinirs. 
Charge  to  this  account  the  salaries  and  expenses  of  executive  and  general 
officers  of  an  electric  plant  under  construction;  clerks  in  general  offices  en- 
.igcd  on  Construction  accounts  or  work;  rent  and  repair  of  general  offices 
■  hen  rented,  with  the  office  expenses;  insurance  during  construction:  also  all 
>nstructit>n  and  equipment  items  of  a  special  and  incidental  nature  which 
\n  not  proprrly  he  charged  to  any  other  account  in  this  classification. 
SoT«   A. — Thl«  oorount   may  !nrlud«  n   ttiitable   prt^portlon   of  •tore   pjcponsM> 
when  Kwh  *>xtx>niM«  ivr«>  not  Mjudmmblp  to  «p(>cinc  mntprlol*. 

Nnr-m  n — Ttilii  neormnt  nhnll  not  Inohid*  nny  coHt»  of  orminlKatlon.  or  any  costs 
r  dtnonuntii  eonn'^t'-d  with  the  |imi«!<-  antl  dlnpoKnl  of  BtocJc*,  fundt-d  d«l>t  or  othT 
-•^<^r1t|r«,  lutd  eomm««rciitl  p«p*>r. 

Olio.    Land  is  Ornta  DETAirrjirvTs. 

Oiarge   to   this    account    the    cost   of   the   corporation's    interests    in    land 

'  --xclusive  of  improvements  thereon)  devoted  to  operations  other  than  electric 

;>erations,  gas  operations,  railroad  operations,  and  street  railroad  operations.* 

^"tich  cost  includes,  xvlwn  asjumtrd  or  whrn  paid  hy  the  purchaser  in  its  own 

fhalf,  cost  of  registration  of  title,  cost  of  examination  of  title,  conveyancer's 

nd  notary's  fees,  purchasing  agent**  commissions  or   fees,  or  proportion  of 

tirchasing  agent's  salary,  taxes  accrued  to  date  of  transfer  of  title,  and  all 

rx\%  upon  the  title  acquired.     If  at  the  time  of  acquisition  of  such  interest 

•NoTIt  — OaH    r*ArTTAl..     TlATT.I">An    CaFITAI..      ANT>     pTRKirr      RATU«OAn     CArTTAU  — 

for  tho  nrrounlii  to  whtrh  nh-ill  h*  rh^nrrd  th«>  coni  of  mpltAl  drvntr^  to  gns  op««r- 

,ft.>,..  ,^^  f>  r  t^nlfornj  9^"'  -i  "'  ^ '^  -•«  <  "■  i:^"  <"  ■"  "•  ^"^i  for  Kt^am  ratl- 
in, mm*>  th»  T'  .llturen  for  Road 
'.  rte.  as  f  'onn  hy  th«»  Pub- 

•'.-  -.  r-.v-r  <  pmml«»1on :  nn-i  •■  -   r  .f,.    -■    -    ...   .  i   :   ..-..t    ^.Tiiroad  operations. 

•«••  thp  Uniform  8yi»t»>ni  of  AcoounU  for  9\rt^x  RallroAd  Corpor»tlon«. 


Uniform  Accounts — Electrical  Cori^^rations  19 

in  lands  it  extends  to  buildings  or  other  improvements  thereon,  which  im- 
provements are  devoted  by  the  corporation  to  operations  other  than  the  four 
classes  above  mentioned,  and  the  contract  of  acquisition  does  not  determine 
the  price  of  such  improvements,  they  shall  be  appraised  at  their  fair  cash 
value,  and  such  appraised  value  shall  be  charged  to  the  appropriate  accounts 
and  excluded  from  the  account  "Land  in  Other  Departments".  If  such  im- 
provements are  held  as  investments,  the  cost  (or  appraised  value  at  time  of 
acquisition  of  title  if  the  cost  to  the  corporation  is  not  determined  in  the 
contract  of  acquisition)  shall  be  charged  to  the  appropriate  investment  ac- 
count. If  the  improvements  are  removed  or  wrecked,  the  salvage  (less  the 
cost  of  removal  or  wreckage)  shall  he  excluded  from  the  account  "Land  in 
Other  Departments". 

O102.    Franchises  in  Other  Departments. 

Charge  to  this  account  "the  amount  (exclusive  of  any  tax  or  annual  charge) 
actually  paid  to  the  State  or  to  a  political  subdivision  thereof  as  the  consid- 
eration for  the  grant  of  such  franchise  or  right"  as  is  necessary  to  the  con- 
duct of  the  corporation's  operations  other  than  electric,  gas,  railroad,  and 
street  railroad. 

O103.    Patent-rights  in  Other  Departments. 

Charge  to  this  account  the  cost  of  all  rights  (having  a  life  of  more  than 
one  year  from  the  date  when  placed  in  service)  acquired  by  the  corporation 
in  or  under  valid  patents  granted  by  the  United  States  to  inventors  for  in- 
ventions and  discoveries  which  are  necessary  to  the  economical  conduct  of 
the  corporation's  operations  other  than  electric,  gas,  railroad,  and  street 
railroad. 

O104.    Other  Int-^ngible  Capital  in  Other  Departments. 

Charge  to  this  account  the  cost  of  all  property  of  the  corporation  coming 
within  the  definition  of  intangible  capital  devoted  to  its  operations  other 
than  electric,  gas,  railroad,  and  street  railroad,  and  not  includible  under  any 
of  the  foregoing  accounts. 

O120.    Tangible  Capital  in  Other  Departments. 

Charge  to  this  account  the  cost  of  all  property  of  the  corporation  coming 
within  the  dcfir.ition  of  tangible  capital  devoted  to  its  operations  other  than 
electric,  pas,  railroad,  and  street  railroad. 

25.  Floating  Capital  divided  into  two  groups. — Floating  capital  is  di- 
vided into  two  great  groups,  of  which  the  first  is  herein  called  "Materials  and 
Supplies,"  and  the  second,  "Current  Assets". 

26.  Definitions  of  Floating  Capital  accounts — In  tlie  following  defini- 
tions the  letters  and  figures  prefixed  to  the  titles  of  the  accounts  are  no  part 
of  the  titles  and  are  inserted  merely  for  convenience  of  reference: 

ElO.  Materials  and  Supplies. 
Charge  to  this  account  the  cost  (including  transportation)  of  all  materials 
and  supplies  acquired  by  the  corporation,  regardless  of  whether  the  same 
are  intended  to  be  consumed  in  construction  or  in  operation,  or  later  to  be 
sold.  Where  discounts  recovered  through  prompt  payment  are  not  credited 
to  the  particular  bills,  the  cost  at  which  such  materials  and  supplies  shall 
be  charged  shall  be  the  invoice  cost,  and  any  discounts  recovered  through 
prompt  payment  of  bills  for  such  materials  and  supplies  shall  be  credited  to 


2(3  TuBLic  Seuvick  Commission— FiKST  District 

account  No.  K285,  "Interest  During  Construction,"  or  to  account  No.  E8.S2, 

r-  '•"'  ' '    ^■' "     ";ilancc,"  accordinK  a»  such  materials  and  sup- 

;  '  "n  or  for  operation. 

rid  from  scr\icc  shall  be  charged  to  an  appro- 
priate sul>-account  in  this  aaount  while  such  things  remain  the  property  of 
the  corp<.»ration  If  such  scrap  value  is  not  known  and  can  not  readily  be 
determined  it  shall  Ik  estimated,  and  errors  in  such  estimates  when  deter- 
mined shall  l>e  adjusted  lhn>UKh  the  accounts  involved  if  during  the  year  in 
which  the  estimates  were  made;  if  later,  then  through  the  "Corporate  Surplus 
.»r  Deficit"  account. 

Inventories  of  materials  and  supplies  shall  be  taken  at  least  annually,  and 
any  shortages  or  overawes  disclosed  hy  such  inventories  shall  be  credited  or 
debited  to  this  account  and  debited  or  credited  to  the  operating  expense  ac- 
cotint  No.  Efi52,  "Undistributed  Adjustments— Balance,"  in  case  they  can 
not  be  assigned  to  specific  accounts.  Shortages  may,  however,  be  charged 
directly  to  "CorjKjrate  Surplus  or  Deficit".  Wlierc  such  materials  and  sup- 
plies have  been  used  in  construction,  a  suitable  proportion  of  such  shortages 
or  overages  may  be  debited  or  credited  to  account  No.  E2S6,  "Miscellaneous 
Construction  K.xprnditures". 

NoT«. — It  in  not  rMjulfMl  that  the  transrortatlon  element  of  coat  •hall  be  aj»- 

Nl^nrd  with  A  »rrut«T  <1«  jrr<-«  of  accwracy  than   to  the  nfvar«>st   wnt   p«>r  unit   of 

mat'-rtnl   or  nupj'Iy.      Wh<re  a  ainRtr   tnuii«portatlon   Item   Cdvcrw   a    multitude   of 

•)iiii«n  th<«  i>ortloti  of  th<   <-xp«'n»«'  not  a.*»ljned  to  wp^-clflc  thlnifB  should  b«  charged 

-  im«>  account  that  Btoro  exp«<n8i-«  are  charged  t 

1.    Cash. 

'  "harge  to  this  account  all  money  coming  into  the  possession  of  the  corpora- 
•n  and  in  which  the  corporation  has  the  beneficial  interest.     This  includes 
coin  of  the  United  States,  United  States  treasury  notes,  gold  and  silver  cer- 
tiftcatet  and  preen  backs,  and  bank  bills  payable  to  bearer.     Also  charge  to  it 
aH    ■  '.ccks    .ind    drafts    receivable,    subject    to    satisfaction    or 

tr  'I  (whether  payable  to  bearer  or  to  order).     Credit  this 

•••^•.ursements  of  the  corporation. 

2.     BiLX.8  Reckivarlx. 
(  hATK'-   '••  'b  s   .m  .\int   the  cost   of  all  bills  receivable    (except  as  below 
provided)  which  are  the  property  of  the  corporation  and  upon  which  solvent 
f'""'"*      "   '    ' ''   ^r  which  are  sufficiently  secured  to  be  considered  good. 
T  «.  demand  notes,  drafts,  etc..  issued  by  others  than  banks, 

A"  '^    <■•      'a   nl..n'r\rr  i<<r.' <!     This  account  does  not  in- 

clude  inTestr  :  ^r  doct  H  include   interest 


J.      AtcOtJ.STS     RE4.r.IVABIJL 

Chlr,  ■'Mint    all   amounts   owing   to  the   corporation   upon   ac- 

rounls  w;f?i  '  'hrr  than  banks)  ;  also  the  cost  of  all  accounts 

and  claims  u,  ility  is  acknowledged  by  solvent  concerns  or 

which  are  »u.   .  .  .      i-    .   ..     i^^^^  good,  and  of  all  judgments 

against  solvent  Cf  t  nt  is  not  appealable  or  suspended 

through  appeal.      1'  t        include  negotiates. 

4.     IirmKST  AKt»  DnrinKKPS   RETKreAWi. 

Whenever  the  income  account  is  stated  the  appropriate  sub-account  therein 
^hall   be   credited,  and   this   account    shall   be  charged   with   all    accrued   but 


Uniform  Accounts — Electrical  Corporations  21 


not  yet  collected  interest  upon  all  commercial  paper  and  accounts  consitieieil 
collectible  held  by  or  for  the  benefit  of  the  corporation;  also  all  dividends 
declared  or  guaranteed  by  solvent  concerns  but  not  yet  collected,  the  right  to 
which  is  in  the  corporation. 

5.  Otuek  Current  Assets. 
Charge  to  this  account  the  cost  of  all  current  assets  of  the  corporation  which 
are  not  includible  under  any  of  the  last  four  foregoing  accounts.  By  current 
assets  are  meant  only  those  things  which  are  readily  convertible  into  money 
and  which  are  held  with  the  intent  of  being  presently  converted  into  money 
and  not  as  investments. 

27.  Investments  defined. — By  Investments,  as  here  used,  are  meant  all 
properties  acquired  not  for  use  in  present  operations,  but  as  a  means  of  obtain- 
ing or  exercising  control  over  other  corporations,  or  for  income  to  be 
derived  from  them,  or  for  a  rise  in  value,  or  for  devotion  to  future  operations 
at  a  time  when  it  seems  probable  that  they  can  not  be  so  advantageously  ac- 
quired as  at  the  time  of  actual  acquisition.  By  bound  investments  are  meant 
those  held  subject  to  a  lien  of  some  character;  by  free  investments  are  meant 
those  held  free  of  all  liens. 

300.     Investments. 

The  cost  of  the  corporation's  title  to  any  property  held  as  an  investment 
shall  l)e  charged  to  an  account  entitled  "Investments". 

Note. — In  the  annual  reports  to  be  made  to  the  Public  Service  Commission  by 
the  corporations  and  other  persons  engaged  In  electric  operations,  investments, 
whether  bound  or  free,  will  be  required  to  be  classified  with  at  lea.st  the  following 
detail: 

Bound  investments  will  be  required  to  be  divided  Into  the  tliree  classes:  "Mort- 
gaged or  Pledged  Investments,"  "Contractual  Fund  Investments,"  and  "Other 
Bound  Investments".  Each  of  these  three  cla-sses,  and  the  class  "Free  Invest- 
ments." will  be  required  to  be  subdivided  into  the  following:  Funded  Debt  of  Con- 
trolling Corporations,  Funded  Debt  of  AtlUlated  Corporations,  Funded  Debt  of 
Controlled  Corporations.  Stocks  of  Controlling  Corporations,  Stocks  of  Afflllaud 
Corporations.  Stocks  of  Controlled  Cori  orations.  Advances  to  Controlled  Corpora- 
tions. Funded  Debt  of  Other  Corporations,  Stocks  of  Other  Corporations,  Land, 
Improv-m^nts  on  Land,  and  Other  Investments. 

28.  Special  Deposits  defined.— By  Special  Deposits,  as  here  used,  are 
meant  anidunts  of  money  and  bank  credits  in  the  hands  of  fiscal  and  other 
agents  of  the  corporation  for  the  payment  of  coupons,  dividends,  or  other 
special  purposes.  Credits  at  banks  sul)ject  to  check  of  the  curpfiratinn  dr  its 
agents  for  general  purposes,  deposits  at  banks  whether  withdrawable  at 
pleasure  or  after  a  specified  time,  amounts  of  money  in  safety  deposit  vaults, 
etc.,  so  long  as  they  are  available  for  general  purposes  of  the  corporation, 
shall  he  excluded  herefrom. 

311.  Coupon  Special  Deposits. 
Charge  to  this  account  all  moneys  and  bank  credits  specially  deposited  in 
the  hands  of  fiscal  agents  or  other  agents  of  the  corporation  for  the  payment 
of  interest  coupons  when  presented.  Such  coupons  when  paid  from  such 
deposits  shall  be  credited  to  this  account  and  charged  to  the  appropriate 
matured  interest  account.  Payments  to  trustees  (or  other  agents)  of  the 
holders  of  bonds  or  other  securities  of  the  interest  accrued  thereon  which 
operate  under  the  terms  of  the  securities  (or  of  mortgages  supporting  such 
■securities)  as  a  release  of  the  paying  corporation  from  further  liability  for 
such  interest  shall  not  be  charged  to  this  account,  but  to  the  appropriate 
"Interest  Accrued"  account. 


22  Public  Service  Com  mission — First  District 

312.     Dividend   Si-eha!.    Dep^-sits 

Charge  to  this  account  all  moneys  and  hank  credits  specicUy  deposited  in 
the  hands  of  fiscal  agents  or  other  agents  of  the  corporation  for  the  pajTnent 
of  dividends  upon  the  corporation's  stocks.  Such  dividends  when  paid  from 
such  deposits  shall  be  credited  to  this  account  and  charged  to  the  appropriate 
dividend  account. 

313.     Other  Si-ecial  Deposits. 

Charge  to  this  account  all  moneys  and  bank  credits  deposited  in  the  hands 
of  fiscal  agents  or  other  agents  of  the  corporation  for  other  special  purposes 
than  the  payment  of  interest  coupons  and  dividends.  Charges  to  this  account 
shall  specify  the  purpose  for  which  the  deposit  is  made.  When  such  purposes 
ere  satisfied  this  account  shall  be  credited  with  the  amount  specially  deposited 
to  provide  such  satisfaction. 

29.  Prepayments. — When  payments  for  taxes,  insurance,  rents,  and  the 
like  are  made  in  advance  of  the  actual  accrual  thereof,  the  amount  of  the  ad- 
vance payment  shall  be  charged  to  the  appropriate  account  in  this  group.  As 
sucii  taxes,  etc.,  accrue,  the  appropriate  prepayment  account  shall  be  credited 
ind  the  appropriate  expense  or  other  income  account  shall  be  charged. 

Note. — By  the  accrual  of  taxes.  Insurance.  r«>nt«.  etc..  is  meant  thHr  accumula- 
tion whi-n  considered  as  spread  uniformly  over  the  pt^rlod  to  which  they  apply. 
Thus.  If  tho  rent  fixed  hy  contract  of  le.a.xc  for  n  c<  rtain  pror-^rty  Is  |6fiO  for  a 
calendar  yoar,  this  accrues  at  the  rate  of  150  each  month  (unle.<w  it  is  desired  to 
ha*e  the  accrual  on  days,  when  of  course  tlic  varying  lenirths  of  the  months  would 
r"'qulre  to  bo  considered),  reffardless  of  the  actual  tlmos  whr-n  the  rent  matures; 
ISO  should  thus  (If  the  rent  has  bec-n  prepaid)  be  credited  each  month  to  the 
account  "Pr>pnJd  Rents,"  and  concurrently  charged  to  the  appropriate  account  In 
the  "Income"  account.     Similarly  In  the  ca8<>  of  other  prepayments. 

321.  Prepaid  Taxes. 
When  taxes  arc  paid  in  advance  of  their  accrual,  the  amount  prepaid  shall 
be  charged  to  this  account.  As  the  taxes  thus  prepaid  accrue,  they  shall  be 
credited  at  monthly  intervals  to  this  account  and  charged  to  the  appropriate 
taxes  account.  This  account  must  not  include  any  so-called  taxes,  like  water 
taxes,  drainage  taxes,  fire  taxes,  etc.,  which  are  payments  for  special  benefits 
received.  Such  payments  for  special  benefits,  where  finally  chargeable  to 
operating  expenses,  must,  when  prepaid,  be  charged  to  account  No.  324,  "Other 
Prepayments". 

yZZ.     Prepaid  Iksurancx 

When  premiums  on  insurance  policies  arc  paid  in  advance  of  their  accrual, 

•'■•    —   unt  prepaid   (whether  paid  in  ca.sh  or  by  the  issue  of  notes  or  other 

.'>!e  paper^  shall  be  charged  to  this  account.     As  such  premiums  accrue 

'  .t11  be  rrrditrd  at  monthly  intervals  to  this  account  and  charged  to  the 

i;>propriate  expense  account. 

323.     PREPAro  Rekts. 

When  rents  are  paid  m  advance  of  the  enjoyment  of  the  term,  the  amount 

r>repaid   (whether  paid  in  cash  or  by  the  issue  of  notes  or  other  negotiable 

.ipert    shall   he  charged   to   this  account.      As   the   term   is   consumed,  this 

i-<-oMnt  shall  be  credited  at  monthly  intervals  and  the  appropriate  rent  ac- 

'ount  in  the  income  account  shall  be  charged. 

324.    Other  Prepayments 
When  prepayment*  are   made   for  any  other  thing  than   taxes,   insurance, 
.ind   rents,  above  provided   for,  stich  prepajrments  shall  be  charged  to  this 


Uniform  Accounts — Electrical  Corporations  23 

account ;  and  as  the  purpose  of  the  prepayment  is  satisfied,  proportionate 
amounts  shall  be  credited  monthly  to  this  account  and  charged  to  the  appro- 
priate expense  or  income  account. 

30.  Suspense. — When  any  expenditure  is  made,  the  appropriate  dispo- 
sition of  which  is  not  yet  determinable,  or  when  any  loss  occurs  which  under 
the  rules  of  the  Public  Service  Commission  may  be  spread  over  a  period  of 
time,  or  when  any  debit  made  for  any  other  reason  may  be  amortized  through 
charges  made  to  expense  or  other  income  accounts  at  intervals  over  a  period 
of  time,  such  expenditure,  loss,  or  other  debit  shall,  except  as  herein  other- 
wise directed,  be  charged  to  an  appropriate  account  in  this  group  of  accounts. 

Note. — By  "amortization"  of  any  charge  or  credit  Is  meant  Its  gradual  ex- 
tinction. The  word  is  broader  than  the  word  "depreciation,"  since  the  latter  is 
restricted  ordinarily  to  tang:lble  proporty.  The  word  "depreciation"  also  Imports 
more  of  the  idea  of  fluctuating  value  and  Is  complicated  somewhat  with  the  ques- 
tion of  cost  of  replacement  at  mark-t  prices.  Because  it  is  considered  unnecessary 
In  connection  with  the  gradual  consumption  or  expiration  of  life  of  cai>ital  to  con- 
sider the  question  of  cost  of  replacement  until  the  replacement  is  actually  made, 
at  which  time  the  cost  of  replacement  is  duly  charged  to  the  appropriate  account, 
and  because  provision  is  necessary  for  the  gradual  extinction  of  certain  charges 
(such  as  those  for  some  kinds  of  capital,  those  for  extraordinary  casualties,  for 
discount  on  debt,  etc.),  to  which  the  term  "depreciation"  does  not  well  apply.  It 
Is  considered  advisable  to  use  the  term  "amortization"  in  connection  with  the 
extinction  of  such  charges,  and  of  certain  corresponding  credits,  such  as  premiums 
on  debt  outstanding. 

331.  Unamortized  Debt  Discount  and  Expense. 
When  funded  debt  securities  and  other  evidences  of  indebtedness  are  dis- 
posed of  for  a  consideration  whose  cash  value  is  less  than  the  sum  of  the  par 
value  of  the  securities  or  other  evidences  of  indebtedness  and  the  interest 
thereon  accrued  at  the  time  the  transfer  takes  place,  the  excess  of  such  sum 
of  the  par  value  and  accrued  interest  over  the  cash  value  of  the  consideration 
received  shall  be  charged  to  this  account.  To  this  account  shall  also  be 
charged  all  expense  connected  with  the  issue  and  sale  of  evidences  of  delH, 
such  as  fees  for  drafting  mortgages  and  trust  deeds,  fees  and  taxes  for  record- 
ing mortgages  and  trust  deeds,  cost  of  engraving  and  printing  bonds,  certifi- 
cates of  indebtedness,  and  other  commercial  paper  having  a  life  of  more  than 
one  year,  fees  paid  trustees  provided  for  in  mortgages  and  trust  deeds,  fees 
and  commissions  paid  underwriters  and  brokers  for  marketing  such  evidences 
of  debt,  and  other  like  expense.  At  or  before  the  close  of  each  fiscal  period 
thereafter,  a  proportion  of  such  discount  and  expense  based  upon  the  life  of 
the  security  to  maturity  shall  be  credited  to  this  account  and  charged  to 
account  No.  928,  ".Amortization  of  Debt  Discount  and  Expense".  Such  dis- 
count and  expense  may,  if  desired,  be  amortized  more  rapidly  through  charges 
of  all  or  any  part  of  it,  either  at  the  time  of  issue  or  later,  to  the  account 
"Other  Deductions  from  Surplus". 

332.  Other  Suspense. 
To  this  account  shall  be  made  all  debits  not  cl.<'ewhere  provided  for  and 
the  proper  final  disposition  of  which  is  uncertain.  This  will  include  all  such 
matters  as  expense  of  prcliminar>'  surveys,  plans,  investii^'ations,  etc.,  made 
for  determining  the  feasibility  of  projects  under  contemplation.  Should  any 
such  project  later  be  carried  to  completion,  such  amounts  shall  be  credited 
to  this  account  and  charged  to  the  proper  capital  account ;  should  it  be  aban- 
doned, such   amounts   shall   be  charged  to  "Corporate   Surplus  or   Defirit". 


24  Public  Service  Com  mission — First  District 

W^u-n  the  proper  disposition  of  any  niattrr  charged  to  this  account  is  deter- 
mined, it  shall  l)e  credited  u>  this  account  and  charged  to  the  appropriate 
account 

31.  Securities  Actually  Issued  and  Later  Re-ac»5uired. — For  the  case  of 
securities  Otlually  issurd  by  the  cirjujration  and  later  re-acquired  by  it,  the 
tollowints'  account  is  provided: 

340.  Re-acquiru)  SEctames. 
VVlu-n  securities,  whether  funded  debt  or  stocks,  have  i  een  actii..!.;.  ;^mi''; 
to  Ixjna  fide  holders  for  value  (or  after  such  issue  by  another  corporation 
have  been  assumed  by  the  accounting  corporation  K  and  after  such  issue  (or 
assumption)  have  been  acquired  by  the  corporation  under  circumstances  which 
require  that  they  shall  not  be  treated  as  paid  or  retired,  they  shall  be 
harped  at  face  values  to  this  account. 

32.  Debt  Defined.— The  word  drht.  as  here  used,  covers  all  absolute  obli- 
Rations  to  pay  money  at  a  definite  time  or  times,  or  at  a  time  or  times  which 
arc  capable  of  being  made  definite  by  demand  or  other  act  of  the  creditor. 
It  docs  not  cover  contingent  obligations,  such  as  obligations  to  pay  rent  for 
future  enjoyment  of  the  term,  liabilities  of  indorsers  upon  paper  not  yet 
defaulted,  etc 

Debt  is  divided  into  Funded  Debt  and   Unfunded  Del  t 

33.  Funded  Debt  dtfme±—J-ufided  Debt  comprises  all  (u\\  wnicn  oy  mc 
•  mis  of  its  creation  docs  not  mature  until  more  than  one  year  after  date  of 

reation. 

34.  Unfunded  Debt  defined.— {'h/m »</«•</  Debt  comprises  all  debt  which 
l.y  the  terms  of  its  cnation  matures  one  year  or  less  after  the  date  of  crea- 
tion   or    after    demand. 

35.  Funded  Debt  accounts.  Funded  debt  shall  be  divided  in  the  accounts 
into  classes,  such  classes  being  determined  by  the  four  characteristics:  (I) 
mortgage  or  other  lien  or  .security  therefor.  (2)  rate  of  interest.  (3)  interest 

'..ites.   and    (4)    date   of   maturity.     A    separate   sub-account   .shall   be   raised 

•«r  each  such  class  oi  funded  debt,  an«I  no  two  amounts  of  debt  not  agreeing 

ti  respect  of  all  four  of  the  characteristics  al>ove  named  shall  »>c  included  in 

le  same  sub-account.     The   title  of   each  sub-account  of   funded  debt  shall 

vprcss  the   four  cJiaracteristics  ab<jve  stated,  that   is  to  say:    Mortgage  or 

>ther   lien  or  security,   rate  of   interest,   dales  of   maturity  of    interest,  and 

late  of  maturity  of  principal;  as  e.  g.,  "First  Mortjcage  S%  QF  10,  Aug.  10, 

l'>28."  which   means  funded  debt   secured  by  the  company's  first   mortgage. 

bearing   interest   at    the   rate   of   5   per   cent,   per   annum,   interest    maturing 

iuarterly  on  February  lOth,  May  10th.  Aueust   10th.  and  November  10th  of 

»ch  year,  principal  maturing  .\ugust  10,  1928 

VMicre  any  porti«»n  of  tbr  funded  debt  rests  only  -n  the  general  -redit  of 

'ie   corporation   and   is  not   specially   secured   or   supported   by   lien   of   any 

!iaracter.  it  shall  for  the  purposes  of  these  accounts  be  known  as  a  "dchen- 

ire."   "Debentures"   thus   include  promissory  notes   unsecured   by   mortgage 

r  other  lien,  also  tho<ie  securities  commonly  known  as  "plain  bonds." 

To  the  appropriate  sub-account  in  "Funded  Debt"  shall  be  credited  when 

>5ued  the  par  value  of  the  amount  of  evidences  of  funded  indebtedness  issued 

The  entry  shall  show  not  only  the  amount  issued  but  the  purpose  for  wh'ch 

^^ued.  and   shall  make  intelligible  reference  to  the  book.  page,  and  account 


Uniform  Accounts — Electrical  Corporations  25 

whereon  are  shown  any  discounts  or  premiums  realized  on  the  amount  issued. 
If  the  consideration  received  for  the  issue  is  anything  else  than  money,  the 
entry  shall  show  further  the  principal  to  whom  issued,  and  shall  describe 
with  sufficient  particularity  to  identify  it  the  actual  consideration  received 
for  the  issue.  If  the  issue  in  any  case  is  to  an  agent  of  an  undisclosed  prin- 
cipal, the  name  and  business  address  of  such  agent  and  the  fact  of  his  agency 
shall  be  shown  in  the  entry. 

36.  Unfunded  Debt  accounts. — The  accounts  for  unfunded  debt  are  de- 
fined as  follows: 

351.  Taxes  Accrued. 

Credit  to  this  account  at  the  close  of  each  month  the  taxes  accrued  during 
the  month,  and  make  corresponding  charges  to  the  appropriate  "Taxes" 
account.  Credits  to  the  account  "Taxes  Accrued"  will  necessarily  be  based 
upon  estimate  until  the  amount  of  ta.x  levied  for  the  tax  period  is  known  ; 
such  estimates  shall  be  based  upon  the  best  data  available,  and  as  soon  as 
the  amount  of  tax  for  the  period  is  known  the  account  involved  shall  be 
adjusted  to  conform.  When  any  tax  is  paid  it  shall  be  charged  to  this 
account  and  credited  to  "Cash"  or  other  suitable  account. 
352.  Receiver's  Certificates. 

When  any  receiver  acting  under  the  orders  of  a  competent  court  is  in  pos- 
session of  the  property  of  the  corporation  and  under  the  orders  of  such  court 
issues  certificates  of  indebtedness  chargeable  upon  such  property,  the  par 
value  of  such  certificates  shall  be  credited  to  this  account.  Interest  accruing 
upon  such  certificates  shall  also  be  credited  monthly  to  this  account. 
353.    Judgments  Unpaid. 

WTien  any  judgment  of  indebtedness  is  rendered  by  a  court  of  competent 
jurisdiction  against  the  corporation,  or  any  fine  or  penalty  requiring  the 
payment  of  money  is  assessed  by  such  a  court  ai^ainst  the  corporation,  and  no 
appeal  accompanied  by  stay  of  execution  has  lieen  taken  therefrom  within 
the  time  allowed  by  law  for  such  appeal,  the  amount  of  such  ju<lgment  shall 
be  credited  to  this  account,  and  the  entry  shall  designate  the  action  or  suit 
as  a  consequence  of  which  such  judgment  is  pronounced  or  such  fine  or  penalty 
assessed.  The  designation  of  the  action  or  suit  shall  show  the  court,  the 
term  thereof,  the  parties,  and  the  character  of  the  action  or  suit.  Interest 
accruing  upon  any  such  judgment  shall  be  credited  monthly  to  this  account. 

N'oTE. — In  case  of  appeal  and  affirmance  In  whole  or  In  part  from  which  Judg- 
ment of  afflrmancf  a  further  appeal  11< .«»,  the  same  rule  shall  apply  as  upon  entry 
of  orl^nal  Judgment. 

354.  Interest  Accrued. 

Credit  to  this  account  at  the  close  of  each  month  the  interest  accrued 
during  the  month  upon  indebtedness  of  the  corporation.  When  such  interest 
is  paid  it  shall  be  charged  to  this  account  and  credited  to  "Cash"  or  other 
suitable  account. 

The  account  "Interest  Accrued"  does  not  include  interest  on  judgments, 
nor  that  upon  receiver's  certificates.  The  interest  accruing  on  any  judgment 
against  the  corporation  or  upon  any  receiver's  certificate  shall  be  credited 
to  the  account  to  which  such  judgment  nr  receiver's  certificate  stands  credited. 

Note. — When  cotipon  Interest  mafur' s  It  .should  be  transferred  from  the  Hub- 
account  "L'nmatured  Coupon  Interest  Accrued"  to  the  sub-account  "Coupon  In- 
terest Matured."  When  .«nich  Interest  Is  paid  out  of  coupon  spoclal  depostta  the 
sub-account  "Coupon  Interest  Matured"  should  be  charged  and  the  account 
"Coupon  Special  Deposits"  credited. 


2o  I'lBLic  Slkvice  Commission — Fikst  District 

355.  Dividends  Declajixo. 

Wlicn  any  dividend  is  declared  it  shall  be  credited  to  this  account  and 
here  remain  until  it  is  paid,  when  it  shall  be  charged  to  this  account  and 
credited  to  "Cash"  or  other  suitable  account. 

356.  Biixs  Pavabi^ 

When  any  note,  draft,  or  other  bill  payable  which  matures  not  later  than 
wnc  year  after  date  of  issue  (or  of  demand)  or  assumption  by  the  corporation 
of  primary  liability  thereon  is  issued  or  assumed,  the  par  value  thereof  shall 
be  credited  to  this  account,  and  when  it  is  paid  it  shall  be  diarged  to  this 
account  and  credited  to  "Cash"  or  other  suitable  account. 
E357a.  CoNSUMEHs'  Dei-osits— Electeic 

Credit  to  this  account,  as  such  deposits  are  made,  all  cash  deposited  with  the 
corporation  by  consumers  as  security  for  the  payment  of  electric  bills.  De- 
posits refunded  shall  be  charged  to  this  account  and  credited  to  "Cash." 
Deposits  applicable  to  uncollectible  or  worthless  electric  bills  shall,  at  the  dos€ 
of  the  fiscal  year  (or  earlier,  at  the  option  of  the  accounting  corporation), 
be  credited  to  the  account  of  the  consumer  involved  and  debited  to  this 
account. 

357b.  Othek  Accounts  Payable. 

Credit  to  this  account  when  incurred  all  liabilities  of  the  corporation  upon 
open  accounts,  except  those  provided  for  in  the  foregoing  account  "Con- 
sumers' Deposits." 

358.  Othek  Unfunded  Debt. 

Credit  to  this  account  at  face  value  all  unfunded  debt  upon  which  the 
corporation  is  liable  and  which  is  not  elsewhere  provided  for. 

37.  Reserves. — Reserves  shall  be  classified  as  Permanent  and   Temporary. 

38.  Permanent  Resei^ea  defined. — Ry  Permanent  Reserves  are  meant 
those  th.it  must  be  m.iint.uncd  intact  durini;  the  life  of  the  corporation. 
Permanent  reserves  shall  be  classified  into  the  two  classes:  Premiunu  on 
Stocks,  and  Other  Permanent  Reservts. 

371.  Premiums  on  Stxxks. 

Premiums  on  stocks  shall  be  sub-classified  with  re.spcct  to  the  several  classes 
of  stocks,  for  definitions  of  which  see  the  accounts  under  the  head  "Stocks." 
K  sub-account  shall  be  kept  for  each  particular  class  of  stocks,  and  such 
sub-accounts  shall  he  severally  entitled  : 

Premiufns  on  Debenture  Slocks, 

Premiums  on  First  Preferred  Stocks, 

Premiums  on  Second  Preferred  Stocks,  etc.,  and 

Premiums  on  Common  Stocks. 

When  a  premium  is  realized  upon  an  issue  of  any  particul.ir  class  of  stork, 
such  premium  shall  be  credited  to  the  sub-acrotmt  above  provided  for  such 
class  of  stock,  and  such  credit  shall  remain  in  such  account  so  long  as  such 
.stock  remains  outstanding.  By  a  premium  realized  (as  the  words  are  above 
used)  is  meant  the  excess  of  the  actual  money  value  (at  the  time  of  issue 
of  the  stock)  of  the  consideration  received  for  such  issue  over  the  par  value 
of  the  amount  of  stock  issued.  If  the  stock  is  issued  by  the  corporation  to 
its  treasurer  or  other  agent,  the  excess  of  the  actual  money  value  of  the 
consideration  obtained  by  such  agent  in  exchange  for  such  stock  over  the  {nr 
value  tlureof  shall  be  considered  the  premium  realized. 


Uniform  Accounts — Electrical  Corporations  27 


372.  Other  Permanent  Reserves. 
Credit  to  this  account  all  reserves  not  above  provided  for  created  to  remain 
intact  until  the  dissolution  of  the  corporation.  A  separate  sub-account  shall 
be  created  for  each  particular  purpose  for  which  a  reserve  is  raised,  and 
the  purpose  of  the  reserve  shall  be  designated  in  the  title  of  the  account 
thereof  and  shall  be  expressed  in  full  in  the  first  entry  in  such  account. 

39.  Temporary  Reserves  defined. — By  Temporary  Reserves  are  meant 
those  that  are  not  intended  to  remain  intact  during  the  life  of  the  corporation. 
Temporar>'  reserves  shall  be  classified  as  Contractual  Reserves  and  Non-con- 
tractual Reserves. 

40.  Contractual  Reserves  defined. — Contractual  Reserves  are  reserves 
necessitated  by  contracts  of  the  corporation,  as  e.  g.,  reserves  to  cover  sinking 
funds  provided  for  in  mortgages,  etc.  A  separate  sub-account  shall  be  raised 
for  each  particular  contractual  reserve,  and  to  such  account  shall  be  credited 
all  appropriations  and  accumulations  made  in  accordance  with  the  contract 
provisions  under  which  such  reserve  is  created.  The  purpose  of  the  reserve 
shall  be  designated  in  the  title  of  the  account  thereof  and  shall  be  expressed 
in  full  in  the  first  entry  in  such  account. 

41.  Non-contractual  Reserves  defined. — Non-contractual  Reserves  are 
such  teniporar>'  reserves  as  are  raised  without  being  required  under  any  con- 
tract.    Non-contractual  reserves  are  divided  into  Required  and  Optional. 

42.  Required  Reserve  accounts. — Required  reserves  are  provided  for 
in  the  following  accounts : 

374.  Accrued  Amortization  of  Capital. 

Credit  to  this  account  such  amounts  as  are  charged  from  time  to  time  to 
"Operating  Expenses,"  or  other  accounts  to  cover  depreciation  of  plant  and 
equipment,  and  other  amortization  of  capital.  When  any  capital  is  retired 
from  service,  the  original  money  cost  thereof  (estimated  if  not  known,  and 
where  estimated,  that  fact  and  the  facts  upon  which  the  estimate  is  based 
shall  be  stated  in  the  entry),  less  salvage,  shall  (except  as  provided  in 
account  No.  E1(X).  "Fixed  Capital,  December  31,  1908,")  be  charged  to  this 
account.  The  amount  originally  entered  or  contained  in  the  charges  to  any 
capital  account  in  respect  of  such  capital  so  going  out  of  service  shall  be 
credited  to  such  capital  account,  and  any  necessary  adjusting  entry  made 
to  the  appropriate  sub-account  under  the  account  "Corporate  Surplus  or 
Deficit." 

375.  Unamortized  Premium  on  Debt. 

WTien  funded  debt  securities  or  other  evidences  of  indebtedness  are  dis- 
posed of  for  a  consideration  whose  cash  value  is  greater  than  the  sum  of  the 
par  value  of  such  securities  or  other  evidences  of  indebtedness  and  the  interest 
thcronn  accrued  at  the  time  the  transfer  takes  place,  the  excels  of  the  casli 
value  of  such  consideration  received  over  the  sum  of  the  par  value  of  the 
securities  or  other  evidence  of  indebtedness  and  the  accrued  interest  shall  be 
credited  to  this  account.  At  monthly  intervals  thereafter  a  proportion  of 
such  premium  based  upon  the  life  of  the  security  or  other  evidence  of  in- 
debtedness to  maturity  shall  be  charcjed  to  this  account  and  credited  to 
"Amortization  of  Premium  on  Debt"  in  "Income"  account ;  or  at  the  option 
of  the  corporation  the  charge  to  this  account  may  be  delayed  to  a  time  not 
later  than  the  date  of  maturity  of  the  debt,  in  which  case  the  proportion  ap- 


2.S  I'lblic  Skrvice  Commission — First  District 

plicabic  to  the  period  covcnd  by  the  then  current   income  account   shall  be 

credited  to  the  account  "Amorlizalion  of    Premium  on  Debt,"  and  the  re- 

•wiindcr  of  the  credit  shall  Ik'  to  tlic  account  "Other  Additions  to  Surplus" 

376.  Otuek  REguiii£u  RtsmvES. 
Credit  to  this  account  all  required  reserves  not  elsewhere  provided  for.    The 
st  tntrj-  of  a  credit  to  this  account  with  respect  to  any  particular  reserve 
>iiall   show   the   purpose   of   the   reserve,   and   every    subsequent    entry    with 
respect  to  that  reserve  shall  designate  the  reserve  to  which  it  tclates. 

43.  Optional  Reserve  accounts.— O/'/iuwu/  Resents  arc  those  the  creation 
of  which  is  solely  within  tlie  discretion  of  the  corporation.  For  such  reserves 
'he  following  two  accounts  are  provided: 

381.  Casualties  and  Insukance  Resehve. 

\S1ien  any  admitted  liability  arises  because  of  loss  or  damage  to  the  prop- 
erty of  oihers,  or  of  injuries  to  employees  or  other  persons,  the  amount  of 
the  liability  tnay  (if  n6t  previously  provided  for  by  insurance  or  self -insur- 
ance) be  diartted  to  the  appropriate  operating  expenses  or  other  accounts  and 
credited  to  this  account,  a^^ainst  which  (in  such  casv)  tlie  actual  cost  of  satis- 
faction of  the  liability  shall  be  charged  when  the  matter  is  determined.  If 
the  extent  of  the  liability  can  not  \k  ascertained  promptly  after  the  lia- 
bility arises,  it  may  be  estimated  as  accurately  as  practicable  for  the  purpose 
of  determining  the  immediate  charge  to  the  expense  or  other  appropriate 
aca>unt,  in  which  case  the  matter  shall  be  adjusted  when  the  extent  of  the 
liability  is  definitely  ascertained.  If  the  loss  is  of  such  character  that  it  is 
in  whole  or  in  part  indemnifiable  under  any  contract  of  insurance  carried  by 
the  corporation,  the  indemnifiable  portion  of  the  loss  shall  be  charged  to  the 
insurer  and  credited  to  "Casualties  and  Insurance  Reserve"  Also  credit  to 
this  account  the  amounts  charRcd  to  the  operating  expense  account  "Insur- 
ance" to  cover  self-carried  risks. 

382.  (>Tnr.R  OmoNAi.  Rkserves. 

A  sub-account  shall  be  raised  for  each  particular  reserve,  and  its  title  shall 
desipnate  the  purp<>se  of  such  reserve  and  ihc  first  entry  therein  shall  express 
in  full  such  purpose. 

44.  Stocks  Defined.-  By  Stocks  of  a  corporation,  as  the  term  is  here  used. 
re  meant  those  securities  which  represent  permanent  interests  in  the  corpora- 
..n  or  interests  which,  if  terminable,  are  so  only  at  the  option  of  the  cor- 
poration 

45.  Stocks  classified.— Stork  1  are  classified  as— 
Dchenturc  Stocks. 

lirjt  Preferred  Stocks. 

Second  Preferred  Slniks.  (f  .  ain! 

Common  Stocks 

46.  Debenture  Stocks  defined. — L-,    .n.utr  *>  m,   li  ..m  .,^tK<l  nudci 

contract  to  pay  .ilsolutrly  tlurci  n  at  specified  intervals  a  specified  return. 

47.  First  Preferred  S'--»'-  '^ff..,-^  ..,,  Preferred  Stocks  arc  those 
which  have  the  tir«t  da  •  ,<;  may  be  distributed.  They 
•nay  be  cumulative   or   r  ng  or   nonparticipating.     If 

umuUitivt.  the  amount  by  which  the  divuienri  at  any  dividend  period  fails  to 
( ach  the  stipulated  rate  is  carried  forward  to  cntinue  as  a  claim  upon  divi- 


Uniform  Accounts — Electrical  Corporations  29 


dcnds  until  satisfied;  if  noncuviuhith'c,  such  amount  lapses.  If  a  first  preferred 
stock  is  particit'atiiuj,  it  is  not  limited  to  the  stipulated  rate  in  the  amount  of 
dividends  which  it  may  receive,  but  is  entitled  to  participate,  in  accordance 
with  the  terms  of  the  contract  under  which  it  is  issued,  in  further  dividends; 
if  nonparticipating,  it  is  limited  to  the  stipulated  rate. 

48.  Second  Preferred  Stocks  defined. — Second  Preferred  Stocks  are  those 
whose  claims  in  the  distribution  of  dividends  are  next  after  those  of  first 
preferred  stocks.  These  stocks  may  also  be  cumulative  or  noncumulative,  par- 
ticipating or  nonparticipating. 

49.  Common  Stocks  defined. — Common  Stocks  are  those  whose  claims  in 
the  distribution  of  dividends  are  subordinate  to  the  claims  of  all  other 
stocks. 

50.  Voting  Powers. — Stocks  differ  also  in  regard  to  the  voting  powers 
incident  to  ownership  of  them. 

51.  Retirement  of  Stocks. — Stocks  are  sometimes  issued  under  contracts 
v.herein  ihc  issuing  corporation  reserves  to  itself  the  right  to  retire  them  at 
its  option,  either  absolute  or  subject  to  conditions  expressed  in  the  contracts 
whcreunder  the  stocks  are  issued. 

52.  Separate  account  required  for  each  class  of  stocks. — In  the  accounts 
of  stocks  outstanding,  a  separate  account  shall  be  raised  for  each  class  of  stock 
issued,  and  no  two  stocks  shall  be  considered  of  the  same  class  unless  they 
are  equal  in  their  interest  or  dividend  rights,  their  voting  rights,  and  the 
conditions  under  which  they  may  be  retired.  The  characteristics  of  any  class 
of  stocks  in  these  three  regards  shall  be  designated  in  the  title  of  the  account 
raised  to  cover  such  stocks  and  shall  be  clearly  expressed  in  the  first  entry 
in  such  account.  To  the  account  for  any  class  of  stocks  shall  be  credited 
when  issued  the  par  value  of  the  amount  of  stock  of  that  class  issued.  If 
such  issue  is  for  money,  that  fact  shall  be  stated;  and  if  for  any  other  con- 
sideration than  money,  the  person  to  whom  issued  shall  be  designated,  and 
the  consideration  for  which  issued  shall  be  described  with  sufficient  par- 
ticularity to  identify  it;  if  such  issue  is  to  the  treasurer,  or  other  agent  of 
the  corporation,  to  be  by  him  disposed  of  for  the  benefit  of  the  corporation, 
that  fact  and  the  name  of  such  agent  shall  be  shown  ;  and  such  agent  shall 
in  his  account  of  the  disposition  thereof  show  the  like  details  concerning  the 
consideration  realized  thereon,  which  account  when  accepted  by  the  corpo- 
ration shall  be  preserved  as  a  corporate  record.  If  the  fair  cash  value  of 
the  consideration  realized  upon  the  issue  of  any  amount  of  stock  is  greater 
than  the  par  value  of  .such  stock,  the  excess  shall  be  credited  to  the  account 
"Premiums  on  Stocks,"  and  corresponding  reference  thereto  shall  be  con- 
tained in  the  entry  relating  to  such  stock  in  the  stock  account. 


SCHEDULE  B. 


INCOME  ACCOUNT. 

1.  Income  and  Indicant  accounts  compared. — A  comparison  of  the  bal- 
.»ncc»  in  the  forcK'^uiK  uccuuiUs  (Scludulf  A)  at  any  particular  moment  will, 
li  the  accounts  have  l>ccn  properly  kept,  show  the  then  existing  condition  of  a 
corporation's  affairs  so  far  as  such  condition  can  be  shown  throuRh  the  ac- 
counts. The  Kfoup  of  accounts  just  defined  is  sometimes  called  the  Balance 
Stuft  or  Indicant  accounts.  Their  balances  indicate  the  condition  of  the  cor- 
pi-)ration  at  any  particular  time.  These  accounts  with  their  subsidiary  account* 
are  all  that  are  necessary  prior  to  the  time  when  the  corporation  becomes 
what  may  be  called  a  "going  concern." 

When  a  corporation  begins  operations  it  requires  an  additional  group  of 
accounts  in  which  to  classify  in  convenient  form  the  accounting  history  of 
the  various  changes  it  undergoes.  Such  group  of  accounts  brings  together 
or  accumulates  the  account  of  the  various  incidents  of  the  corporation's  his- 
tory. This  croup  of  accounts  may  be  called  the  Income  account.  Tliey  are 
made  up  usually  on  a  yearly  basis  and  arc  closed  into  one  grand  account 
called  "C'orporatc  Surplus  or  Deficit."  which  tics  togctbrr  this  group  of 
accounts  and  the  preceding  wroup 

2.  DMaioni  of  Income  account — The  principal  divisions  of  this  group 
of  accounts  are  the  Rri'enut  accounts,  the  Re^rnue  Deduction  accounts,  the 
income  Deduction  accounts,  and  the  Appropriation  accounts. 

3.  Revenuet  defined.— Py  Ret-rnues,  as  the  word  is  used  herein,  are  meant 
all  amotmts  of  money  which  the  corporation  receives  or  becomes  lawfully  en- 
titled to  recover  for  services  rendered,  for  products  sold,  as  gross  profits  on 
merchandise  sold,  or  as  a  return  upon  its  property  (or  interests  in  property). 
Revenues  are  classified  as  Operatinq  Rrtenues  and  \on-operotinp  Revenues. 

4.  Operating  Revenue*  dtfined.—Operatitt(j  Rn-enues  are  those  derived 
■rom  the  sale  .'f  jiroducts  and  merchandise,  from  services  rendered,  and  from 

•urn  on  property  used  by  the  person  or  corporation  in  its  own  operations. 

5.  Non-Operating  Revenuei  icfintd.S'on-opcratin(j  Revenues  are  those 
Tived  as  a  return  iij'^n  the  property  of  the  corporation  in  the  hands  of 
•hers  or  from  its  intrre^ts  in  property  in  the  hands  of  others  They  may  be 
iH-cla»sified   as   Rents.   luterfst.  Dixndends.  and   Stisrellaneous. 

6.  Revenue  Deduction*  defined.  Revenue  Deductions  include  Expenses. 
Titre.f.  and   VncoUectihle  Bills. 

7.  Expenae*  defined.  Fxpenset  are  those  outgoes  (including  capital  con- 
:T.ed'>  necessary  to  the  production  of  the  commodities  sold  and  the  services 
ndered.  and  to  the  collection  of  the  re>'cnues.   They  are  divided  int<^  Operat- 

•;  P.xpenses  and  Son-operotinq  Expenses  Operating  F.xpen.^es  are  those 
-idrnt  to  the  operating  revenues 

[801 


Uniform  Accounts — Electrical  Corporations  31 

8.  Taxes  defined. — Taxes  are  those  annual  or  other  payments  exacted  by 
governnifiits  tor  the  purpose  of  raising  funds  for  public  uses. 

9.  Uncollectible  Bills  defined. — When  a  corporation  is  engaged  reg- 
ularly in  rendering  to  general  consumers  a  service,  or  in  supplying  to  such 
consumers  a  commodity  (as  e.  g.,  electric  energ>'  or  gas  for  light,  heat,  or 
power),  current  accounts  or  claims  against  such  consumers  for  such  service 
rendered  or  commodity  supplied  which  are  incapable  of  collection  by  the  exer- 
cise of  reasonable  diligence  are  included  under  the  name  Uncollectible  Bills. 

10.  Gross  Income,  Income  Deductions,  and  Net  Corporate  Income  de- 
fined.— Revenues,  diminished  by  expenses,  taxes,  and  uncollectible  bills, 
give  an  amount  called  Gross  Income,  which  is  applicable  to  corporate  and 
leased  properties.  Gross  income  is  subject  to  several  compulsory  deductions, 
mostly  contractual,  like  rent,  interest,  etc.,  and  the  remainder  after  these  are 
made  is  called  Net  Corporate  Income,  which  being  subject  only  to  the  discre- 
tion of  the  corporation  is  most  conveniently  carried  directly  to  the  corporate 
surplus.  The  accounts  covering  the  compulsory  deductions  from  gross  in- 
come, as  above  defined,  are  called  the  Income  Deduction  accounts. 

11.  Appropriation  accounts  defined. — The  accounts  covering  the  yearly 
changes  in  the  corporate  surplus  are  called  the  Appropriation  accounts,  since 
practically  all  of  the  matters  covered  by  them  are  within  the  discretion  of  the 
corporation,  although  they  also  include  certain  adjustments  made  because 
of  facts  of  previous  years  imperfectly  accounted  for  at  the  time  (whether 
through  error  or  through  lack  of  information),  and  certain  other  minor 
matters  like  extraordinary  expenses  not  chargeable  as  deductions  from  rev- 
enues ;  also  such  matters  as  profits  on  the  sale  of  capital,  and  profits  and 
losses  on  the  sale  of  investments. 

12.  Definitions  of  Electric  Operating  Revenue  accounts. — Credits  to  the 
various  revenue  accounts  shall  be  made  upon  the  basis  of  bills  rendered  or 
of  gross  prices.  Discounts  for  prompt  payment,  corrections  of  overcharges, 
overcollections  theretofore  credited  and  afterward  corrected,  authorized  abate- 
ments and  allowances,  and  other  corrections  and  deductions  shall  be  charged 
to  the  revenue  account  to  which  they  relate.  In  the  following  definitions  of 
accounts  the  letters  and  numbers  prefixed  to  the  titles  are  inserted  solely  for 
convenience  of  reference  and  are  no  part  of  the  titles  or  of  the  definitions: 

401.     Municipal  Street  Lighting — Arc* 
Credit  to  this  account  all  revenues  derived  from  lighting  streets  for  munici- 
pal corporations  by  means  of  arc  lamps. 

402.  Municipal  Street  Lighting — Incandescent. 
Credit  to  this  account  all  revenues  derived  from  lighting  streets  for  munici- 
pal corporations  by  means  of  incandescent  electric  lamps. 

Note. — In  the  foregoing  two  accounts  the  word  "streets"  is  to  be  Interpreted  to 
Include   parks,    plaza.s,    and   .ill    other   public   placs   not   classified   as    buildings. 

403.  Lighting  Municipal  Ruilpings — Electric. 
Credit  to  this  account  all  revenues  flerivcd   from  lighting  municipal  build- 
ings by  means  of  electric  lamps,  and  from  electric  energy  supplied  for  such 

•Charges  to  this  and  the  following  revenue  accounts  must  be  made  In  such  wise 
as  to  permit  their  clasalflcatlon  In  the  annual  report  of  the  corporation  to  the 
»»ubllc  Service  Commission. 


J2  Public  Sebmce  Commission — First  District 

purposes,  or  for  heat  or  power  in  municipal  buildings  where  sucli  cner>jy  is 
supplied  at  lighting  rates  and  is  not  separately  measured. 

404.    MtKiciPAL  Heat  ani>  Puwek— Electrk 
Credit  to  this  account  all  revenues  derived  fr'.>m  municipal  corporations  for 
electric  energy  5upplie«l  at   special  heat  or  power  rates  to  sudi  corporations 
for  the  production  of  heat  and  power. 

405.    MiSiKlJ.ANEOLS    El-EtTKIC   REVENUE— MUNICIPAL.. 

Credit  to  this  account  all  revenues  derived  from  supplying  electric  energy 
to  municipal  corporations  and  not  provided  for  m  the  foregoing  accounts: 
also  those  from  the  letting  of  meters,  motors,  and  <ithcr  electric  equipment 
to  such  corporations. 

406.  Commercial  Flat   R.\te  Lighting. 

Credit  to  this  account  all  revenues  derived  from  consumers  other  than 
municipal  corporations  for  electric  lighting  at  flat  rates  per  year,  per  month, 
per  night,  per  hf)ur,  or  other  tmie  unit,  or  on  any  liasis  independent  of  the 
quantity  of  energy  supplier!. 

407.     CoMMEuriAi.  Flat  Rate  Povs'ER. 

Credit   to   this   account   all    revenues   deriveil    from   all   consumers,   except 

municipal,    railr.^ad,    and    other    electrical    corporati<ins,    for    electric    energy 

supplied  for  heat  or  power  at  special  flat  rates  per  year,  per  month,  per  night. 

l>cr  hour,  or  other  time  unit,  or  on  any  basis  independent  of  the  quantity  of 

ncrgy  s.npplied. 

4(>8  CoMMKuriAL  Metered  Lichtinc. 

Credit  to  tJii<  account  all  revenues  derived  from  all  consumers,  except 
municipal  corp<jrations.  for  measured  electric  energ>'  supplied  for  electric 
lik'hting  where  the  total  receipt  is  depemlent  on  the  quantity  of  energy 
supplied. 

No-nt — Whrr»»  elr«trle  enoriry  flnwlnK  througti  any  m»ter  U  uncA  by  any  other 

mn>«<im«T  thnn  a  m<mlclpnl  corporation  for  t>oth  arc  nnd  lnciin(l««c<  nt  MirhtlnR.  or 

for  f»rc  unci   lncan<1riwrnt   llRtitlnir   nnd    InHrt'-ntnllv   for   imiw<t   I'tirjxiMB   nxirh   an 

"mnlnir   fnnn.    iM>w1nic   mnchlno!i.    fta.    the   rcvmiiM   <1*>rlvfHl    tln.r.from    xhBH    h<» 

-Mltpd  to  tM«  •cootinL 

409   CoMMmriAL  METEnicn  Powrw 

Credit  tn  this  arrrnmt  «»1I  revenues  derived  from  all  consumers,  except 
municipal,  railroad,  and  other  electrical  corporations,  for  measured  electric 
energy  supplied  for  heat  or  power  at  special  heat  or  power  rates,  where 
the  total  receipt  is  dependent  op  the  quantity  of  energy  supplied. 

410     RAUIrOAI>   CORPDRATIONS. 

Credit  t^  this  account  all  rrvppuea  derived  from  electric  energv-  snid  to 
street  and  other  railroad  corporations  for  the  propulsion  of  their  cars,  for 
running  thrir  «hop<t.  and  for  other  powcri  and  for  heating  piirposes.  If  such 
energy  is  incidentally  used  for  liahline  aU^.  hut  the  portion  used  for  litthting 
1*  not  srparat*'h-  measured,  the  revenue  therefrom  shall  he  included  in  this 
account 

411    Other  Ei.«cTwirAi.  Corporations 

Credit  to  this  account  all  revenue*  derived  from  electric  energy-  .wid  to 
other  electriral  corporations  to  l>e  by  them  distributed  over  their  own  lines  to 
consumers.  I"  any  portion  of  such  energy  is  incidentally  con.^umed  by  such 
r  .rporation*   '    '  •' ■   '  '^wn  l>encfit.  whether  for  lishL  h«at:  or  power,  it  shall 


Uniform  Accounts — Electrical  Cori'orations  33 

W  incluckd  luTcin,  if  imt  separately  measured,  or  if  included  under  the  same 
contract   with   that  which  is  distrihuted  hy  them  to  consumers. 
421.  Rent  of  Electric  Mkters. 

Credit  to  this  account  all  revenues  derived  from  the  letting  of  electric 
meters  to  others  than  municipal  corporatiions. 

422.  Rent  of  Electric  Appli.\nces. 

Credit  to  this  account  all  revenues  derived  from  the  letting  of  electric 
motors,  fans,  heating  appliances,  batteries,  lamps,  and  other  electric  apparatus 
and  appliances  (except  meters)  to  others  than  municipal  corporations. 
Where  the  contract  of  letting  names  only  a  single  consideration  for  Iioth  the 
letting  and  the  maintenance  of  the  appliances  so  let,  the  entire  revenue  shall 
be  included  in  this  account. 

423.  Electric  Merchandise  and  Jobbing  Revenue. 

Credit  to  this  account  all  receipts  from  the  sale  of  electric  merchandise  au'l 
from  electric  jobbing.  Charge  to  this  account  the  cost  to  the  accounting 
corporation  of  electric  merchandise  sold,  such  cost  including  transportation 
charges  paid  on  such  goods. 

Credit  also  to  this  account  the  profit  or  commission  accruing  to  the  cor- 
poration on  all  jobbing  work  performed  by  it  as  agent  under  agency  contracts, 
whcreunder  it  undertakes  to  do  jobbing  work  for  another  for  a  stipulated 
profit  or  commission  upon  its  actual  expense  for  labor,  materials,  and  supplies. 

Note  .\. — In  Its  annual  nports  to  the  Public  Service  Commission  the  roportingr 
corporation  will  be  required  to  analyzf?  the  credits  and  debits  to  tliis  account. 

Note  B. — This  account  does  not  includr-  ncelpts  from  the  sale  of  superseded 
equipment,  or  of  Junk  or  other  scrap  or  salvage. 

424.  Sale  of  Byproducts. 

Credit  to  this  account  all  revenue  derived  from  the  sale  of  ashes,  cinders, 
chemical  waste,  gas  producer  residuals,  and  other  byproducts  of  electric 
operations. 

425.     Joint  Elf.itru   Rent  Revenue. 

WTien  any  cnrporation  engages  in  electric  operations  for  the  production  of 
some  of  its  product  for  the  benefit  of  another  or  others  under  an  arrangement 
for  apportioning  the  expense  upon  the  basis  of  the  relative  amounts  of  benefif 
to  the  several  particii)ants  in  the  arrangement,  if  such  arrangement  provides 
for  the  receipt  by  the  corp(jration  of  any  profit  or  return  uprm  its  property, 
such  profit  or  return  upon  property  shall,  as  it  accrues,  be  credited  month 
by  month  to  this  account.  Such  profit  or  return  must  be  over  and  alx)ve  any 
provision  for  wear  and  tear  and  depreciation  of  plant  involved  in  the  said 
production,  and  the  amount  thereof  must  be  as  provided  in  the  arrangement 
under  which  the  joint  production  occurs. 

426.     Break -DOWN  Service. 

Credit  to  this  account  all  revenues  derived  from  the  insurance  of  a  supply 
c^f  electric  energy  to  a  stipidated  amount  to  concerns  ordinarily  producing 
their  own  or  procuring  it  from  other  sources  than  the  corporation  acting  as 
insurer. 

427.     Other  Mjscell.\neous  Electric  Revenue. 

Credit  to  this  account  all  revenues  derived  from  others  than  municipal  cor- 
porations for  the  supply  of  electric  energ>'  and  service  and  from  other  electric 
operations  not  includible  in  any  of  the  foregoing  accounts. 


34  Plulic  Sekvick  Commission — First  District 

13.  Revenue  from  Outside  Operations. — The  detailed  revenue  accounts 

for  opcratii'ns  other  than  the  ;it»)Vc  mentioned  will  be  provided  for  elsewhere. 

14.  Operating  Expenses  defined.— By  the  operating  expeuscs  of  a  corpo- 
ration are  meant  such  expenses  as  are  necessary  to  the  maintenance  of  the 
corporate  organization,  the  rendering  of  services  required  or  authorized  by 
law.  the  sale  of  merchandise,  the  production  (including  herein  capital  con- 
sumed) and  disposition  of  the  commodities  produced,  and  to  the  collection 
of  the  revenues  therefor.  Expenses  directly  incident  to  the  collection  of  non- 
operating  revenues  and  the  m.iintcnancc  of  the  property  from  which  non- 
operating'  revenues  arc  derived  are  excluded  from  operating  expenses. 

15.  Definitions  of  certain  terms  used  in  connection  with  expense 
accounts. — I'xccpt  where  some  other  meaning  'S  clearly  specified  in  the 
I'.efinitiofis  of  the  accounts,  the  fcllowing  words,  wliercvcr  used  hereunder, 
have  the  meanings  below  stated : 

Cost  means  cash  or  money  cost,  and  not  price  based  on  a  term  of  credit. 

Labor  means  human  services  of  whatever  character. 

Cost  of  labor  includes  wages,  salaries,  and  fees  paid  to  persons  for  their 
services. 

Cost  of  materials  and  supplies  includes  all  specifically  assignable  transporta- 
tion charges  incurred  in  obtaining  the  delivery  of  such  materials  and  sup- 
plies upon  the  premises  of  the  purchaser,  and  cost  of  any  special  tests  made 
thereon  prior  to  their  acceptance ;  and  in  case  the  accounting  person  or  cor- 
poration desires,  it  may  include  a  suitable  proportion  of  store  expenses  (when 
the  materials  and  supplies  are  passed  through  stores')  and  the  cost  of  further 
transportation  to  the  pl.ice  of  consumption,  and  a  suitable  proportion  of  the 
expenses  of  the  purchasing  department,  in  which  case  a  corresponding  credit 
*hall  be  made  to  the  suitable  expense  account  as  hereinafter  provided. 

Cost  of  repairs,  when  made  by  the  accounting  person  or  corporation,  in- 
rludes  cost  of  labor  expended  and  material  consumed,  less  salvage,  if  any. 

Norm. — It  Is  not  rMiulnwl  timt  th««  tnuinportAtlon  rli>m«*nt  of  cont  shiill  t)e  mm- 
tlvned  with  K  Brrntcr  cl««ri«'  of  nccurno"  thnn  to  tho  n<Miro«t  o<'nt  per  unit  of 
mjitrrlnl  or  mipply.  Whcro  n  «lnirl<<  tmnnjortaHon  lt<m  covrm  a  multltudp  of 
thlnsM  thf  portion  of  thr  ixpirmo  not  n^nlRiifl  to  ^p«^1flr  thlnrR  nhotild  hf  ehanp^d 
to  thf   wnnio  arcount   that   irtor*  «>xp<>nnMi  arv  ehanrwl  to. 

16.  Definitions  of  Electric  Operating  Expense  accounts.— In  the  follow- 

;  definition*  of  .icr-mnts  the  Irtlrrs  and  numbers  prefixed  to  the  titles  are 
n<«erted  solely  for  convenience  of  reference  and  are  no  part  of  the  titles  or 
of  the  definitions: 

CSmOAL    ACrOVHT5 

I  Production  Kxpenses. 

II  Tran<mis.sion  F.xprnses. 

Ill  Electric  Storage  Expenses 

IV,  Distribution  Expenses. 

V.  Utilization  Expenses. 

VT.  Commercial  Expenses. 

VII  General   and   Miscellaneous  Expenses 

I    PRODUcrrioN  expenses. 

Nont, — In  oa*^  the  accounting  corporation  op<^raten  two  or  morv  soparat«  and 
dlnttnet  plants  f--r  the  producUon  of  electric  cnrrwy.  It  will  be  requlnnl  to  keep 
(with  thp  d<'tal1  h«>r«>in  proscribed)   aopamt"  necountii  covertnir  production  at  the 


Uniform  AccoUiNTS — Electrical  Corporations  35 

several  plants.  In  case  the  cliciimstanos  of  any  corporation  make  It  Impractica- 
ble to  allocate  the  cost  of  Its  station  lahor  among  the  accounts  below  prescribed, 
It  should  petition  the  Public  Service  Commission  for  permission  to  consolidate  two 
or  more  of  them.  Such  application  must  set  out  in  full  the  facts  which  in  the 
Judgment  of  the  petitioner  make  such  allocation  Impracticable. 

E501a.  Station  Sui-erintendence  and  Care. 
Charge  to  this  account  salaries  and  personal  expenses  of  superintendents 
and   assistants,   chemists,  clerks,   janitors,  watchmen,    elevatormen,   and   also 
that   portion   of  the   salaries  and  expenses  of  the  engineering  staff  assign- 
able to  the  generating  plant. 

E501b.  Boiler  Labor. 
Charge  to  this  account  the  cost  of  labor  in  boiler  room  and  elsewhere  in 
and  about  the  premises  having  to  do  with  making  steam.    This  includes  such 
labor  as  that  of  fire  room  engineers  and  assistants,  water  tenders,  firemen. 
coal  handlers,  ash  handlers,  boiler  cleaners,  and  feed-pump  men. 
E501c.  Producer  Labor. 
Charge  to  this  account  the  cost  of  all  labor  in  and  about  the  premises  hav- 
ing to  do  with  the  production  of  power  gas. 

ESOld.  Engine  Labor. 
Charge  to  this  account  the  cost  of  labor  on  prime  movers  of  all  kinds. 
This  includes  such  labor  as  that  of  chief  engineers  and  assistants,  engineers, 
oilers,  wipers,  and  machinists. 

ESOle.  Electric  Labor. 
Charge  to  this  account  the  cost  of  all  labor  in  connection  with  the  electric 
generating  apparatus  and  devices,  beginning  with  the  generators  direct  con- 
nected or  belted  to  the  prime  movers,  and  including  the  switchboard,  feeder 
terminal  board,  and  to  where  the  electric  current  leaves  the  station  for  the 
transmission   or   distribution   system.     This   includes   such   labor   as   that   of 
system  operators  or  load  dispatchers ;   foreman  over  regulators,   regulators, 
and  assistants ;  switchboard  men,  brushmen,  wipers,  and  wircmen. 
E502a.  Fuel  for  Steam. 
Charge  to  this  account  the  cost  of  fuel,  whether  coal  or  oil,  used  under  the 
boilers  for  electric  generation,  at  the  cost  delivered  in  the  bunkers  or  tanks ; 
also  any  special  expense  incurred  in  disposing  nf  ashes. 

Note. — No  portion  of  the  cost  of  boiler  room  labor  shall   be  charged  to  this 
account 

E502b.  Fuel  for  Producer  Gas. 
Charge  to  this  account  the  cost  of  fuel  used  for  generating  producer  gas. 

E503a.  Water  for  Steam  Power  and  Gas. 
Charge  to  this  account  the  cost  of  water  for  boilers,  for  condensers  anrl 
for  cooling  gas  engines ;  also  the  cost  of  boiler  compound.     Water  used  for 
general  station  purposes  is  not  to  be  included. 

E503b.  Water  for  Hydraulic  Power. 
Charge  to  this  account  the  cost  of  all  water  purchased  for  the  purpose  of 
operating  hydraulic   power   plants   in   the   electric   department. 
E504.  Lubricants  for  Power. 
Charge  to  this  account  the  cost  of  lubricants  for  machinery  in  the  gener- 
ating station  ;  but  not  oil   for  transformers,  grease   for  wagons,  or  oil   for 
lanterns. 


i'LULic  Service  Commission — First  District 


E505a    Prodlctio!*  Supplies. 

<.iai.r  i..  iiiiN  account  thr  cost  of  all  supplies,  U»<\^,  cu  ,  u-'.i  m  tiic 
t^cncratin^  plant  whiah  arc  cunsumctl  in  the  operating  process,  the  rcplacc- 
iiuiit   of    which   iic>c6   not   constitute  a   repair   or   renewal;   also  the  cost  of 

pairs  of  such  tools.  Tins  includes  such  matters  as  waste,  packing;,  wipers, 
.  .lUge  glasses,  gauge  washers,  tnaoholc  gaskets,  liandhole  gaskets,  fire  room 

■ols,  steam  and  air  hose,  bolts,  screws,  nails,  tcntls.  dynamo  brushes,  etc. 
E505b.  Station  Expense. 

Charge  to  this  account  the  general  and  miscellaneous  expenses  in  the 
->nerati::g  plant  not  specifically  chargeable  to  other  accounts,  including  such 
matters  as  lighting,  heating,  and  cleaning  systems ;  fire  protection  system ; 
janitors'  supplies;  ice  and  water;  telephone  and  toilet  services  at  station; 
and  care  of  streets,  yards,  and  sidings. 

E507.  Repairs  of  Powe*  Plant  Buildings. 

Qjarge  to  this  account  the  cost  of  repairs  of  buildings  and  structures  used 
for  power  station  purposes;  cost  of  repairs  of  fixtures  therein;  cost  of  main- 
taining walks,  driveways,  and  groun»ls  connoted  with  such  buildings;  cost  of 
delivering  material,  including  freight  charges,  if  any;  and  all  incidental 
expenses  connected  with  the  maintenance  of  such  buildings  and  structures. 

The  term  "buildings  and  structures,"  in  addition  to  embracing  the  build- 
ings proper,  shall  be  understood  to  include  fixtures  when  immo\-able  and 
liuilt  in  as  a  part  of  the  structure;  permanent  foundations  and  piers;  pipes 
for  gas.  water,  sewerage,  and  drainage:  apparatus  for  heating,  lighting,  and 
vrntilatmg;  freight  and  passenger  elevators  with  fixtures  an«l  appurtenances; 
jdatforms ;  appliances  for  prr>tectinp  btiihiings  against  fires :  fences.  wtiIIs. 
sidewalks,  and  pavements  within  the  limits  of  groun<ls  immediately  adjacent 
»A    such    buildings. 

NoTfc — Thi'  Cfwt  6f  Wplnc«>mfnt  of  n   Inilldlnir  or  ntniclurp.  ixrhen  In  exc»«i  of 
JIOQ.  Nhail  br  treat  1^  •throuirh  thr  nt'pmprlate  cnpitnl  account:   when  less  than 
fmo.  tt  mny  im  charK<<0  (Urvctly  to  U)l».accuunv  or  n  sub-aoooiint  h<>n>under. 
E.VlKa    Rfi-airs   ok.  Fcbnacf.s   and   Roii.krs. 

Chkrpe  to  this  accouot  tJic  cost  of  rcparring  l>oilers  and  furnaces,  including 
'I'ecjally  provided  foundations  and  ftettings.  iron  smokestacks.  an<!  such  mat-. 
trrs  as  brick  work,  bridge  wall,  arches,  jamb.s,  grate  bars,  stoker  bars  and 
webs,  furnaces,  valves,  superheaters,  damper  rcftulatnrs.  and  tubes, 

E.'W^b.  Repaibs  of  Boiler  Apparatis.  '        '    ' 

Oiarge  to  this  account  the  cost  of  repairing  feed  water,  coal  and  ash 
handling  systems,  and  auxiliary  apparatus  in  the  fire  ro<?m ;  including  such 
matters  as  feed  pumps,  blower  engines,  coal  conveyor,  digcer.  tnMIry  and 
cable  tower,  crusher  and  belt  links,  brackets,  wheels,  chutes  and  vates ;  ash 
conveyor  cars,  winches,  motors,  buckets,  sliaft,  chain,  and  wheels:  filters, 
boiler  compound  injector  and  pump;  heaters,  primary  an<l  Secondary:  econo- 
mizers, and  water  meters. 

E508c.  Repairs  of  Stej^m  -Xi-x-n^soRtEs. 

Charge  to  this  account  the  cost  of  repairing  the  pipmg  system  in  connec- 

■  «n   with  the  making  of   steam  and  delivery  thereof  to  the  prime  movers; 
ncluding   such    matters   as   water    feed   piping,   cold   main,   hot    main,   water 

;ction.    \alves.    joints,    jackets,    ash    pit    drains    and    ash    pocket    syphons. 

il  drains  from  engine  crank  pits,  receiving  tanks,  filter  pumps  to  engine  valve, 
-team  and  exhaust  line  svstems.  sewer  connections,  and  air  line. 


Uniform  Accounts — Electrical  Corporations  ^7 

E509a.  Rei'aiks  ok  Recu-kocating  Enoines. 

Charge  to  this  account  the  cost  of  repairing  reciprocating  steam  engines 
used  in  the  power  plant. 

E509b.  Repairs  of  Steam   Turbines. 

Charge  to  this  account  the  cost  of  repairing  steam  turbines  used  in  the 
power  plant. 

E509c.  Repairs  of  Other  Steam  Engine  Equipment. 

Charge  to  this  account  the  cost  of  repairing  apparatus  auxiliary  to  the 
prime  niuvirs,  including  such  matters  as  condensers,  packing  tubes,  renewing 
tubes,  heads  and  doors,  and  miscellaneous;  and  pumps,  air  and  circulat- 
ing, wet  vacuum,  dry  vacuum,  and  oil  systems,  but  excluding  the  power 
conveying  apparatus. 

ESlOa.  Repairs  of  Dams,  Canals,  and  Pipe  Lines. 

Charge  to  this  account  the  cost  of  repairing  hydraulic  structures.  Such 
structures  include  dams,  embankments,  etc.,  for  impounding  water,  and 
all  appurtenant  gates,  valves,  weirs,  wasteways,  canals,  conduits  and  other 
channels  (including  riprap,  lining  walls,  etc.),  pipe  lines,  aqueducts,  and  sup- 
porting trestles,  etc.,  forebays  and  appurtenant  sieves  and  grids,  waste- 
ways,  etc.,  and  all  viaducts,  bridges,  foot-bridges,  etc.,  over  and  accessory 
to  or  necessitated  by  such  canals,  aqueducts,  and  pipe  lines ;  also  the  waste- 
ways  conducting  water  from  the  outlet  of  the  draft-tube  to  the  point  of 
final    discharge. 

E510b.  Repairs  of  Turbines  and  Water-wheels. 

Charge  to  this  account  the  cost  of  repairing  wheel-gates,  turbines,  and 
other  hydraulic  apparatus  from  the  inlet  valve  to  and  including  the  wheel 
governor  and  to  the  outlet  of  the  draft-tube. 

E^lla.  Repairs  of  Gas  Produiers  and  Accessories. 

Charge  to  this  account  the  cost  of  repairing  apparatus  devoted  to  the 
i^eneration  of  producer  ;:as  to  be  consumed  in  gas  engines  in  the  electric 
generating  station;  also  the  cost  of  repairing  gas  conductor  and  exhaust 
pipes  and  other  auxiliary  gas  power  apparatus.  This  includes  producers, 
economizers,  rej;enerators,  vaporizers,  steam  injectors,  scrubbers,  ex- 
hauster outfits,  seals,  specially  provided  boilers  and  pumps,  flues  and  pip- 
ing, blower  engines,  holders,  etc.  Power  conveying  apparatus  is  not  in- 
cluded herein. 

ESllb.  Repairs  of  Gas  Engines. 

Charge  to  this  account  the  cost  of  repairing  gas  engines  devoted  to  the 
production  of  electric  energy,  including  inlet  valves,  governors,  and  it;nition 
and  starting  apparatus. 

E512a.  Repairs    of    Electric    Generators. 

Charcre  to  this  account  the  cost  of  repairing  dynamos,  alternators,  and 
other  electric  generating  a[)paratus  driven  by  steam,  water,  or  gas  power: 
and  rotaries  and  motor  generating  sets,  exciters,  etc.,  when  not  installed 
in  connection  with  transmission  systems. 

E512b.  Repairs  of  Acctssorv  Electric  Equipment 

Charge  to  this  account  the  cost  of  repairing  the  electric  generating  ap- 
paratus not  includible  in  the  foregoing  account.  This  includes  bus-bars, 
regulators,  station  cables,  station  switchboards  and  equipment,  such  as 
circuit-breakers,  switches,  ammeters,  voltmeters,  wattmeters,  etc  (and 
their   specially    provided    foundations   and    settings),   am!    the    station    term- 


.^8  Public  Service  Commission — First  District 


inal  board ;  also  head-gate  motort,  pump  motor*,  air  compressor  motors, 
etc.,  and  special  high-tension  transmission  equipment  at  power  stations, 
such  a*  hiRh-tinsion  liu"(-!>ars.  hi«h-tcnsi<n  switchboards.  hi;:h -tension 
switches.  hi«h-tinsion  current  transformers,  hivh-tension  liKhtninp  .irrest- 
ers,  high-tension  potential  transformers,  high-tension  reactive  coils,  high- 
tension  choke  coils,  hi^h-tension  grounding  devices  and  resistances,  h'gh- 
tcnsion  raising  and  lowering  transformers,  etc.  but  not  wiring  for  light- 
mg  the  station. 

ESlJa.  Rui'AiRS  ur  Station  Tools  anp  Impucmfnts. 

Charge  to  this  account  the  cost  of  repairing  station  tools  and  imple- 
ments that  have  been  capitalized  (except  fire  tools,  elsewhere  provided 
for).  Among  the  principal  items  in  this  accoTint  are  blacksmiths',  ma- 
chinists', and  pipe  fitters'  tools,  pump  room  tools,  engine  tools,  ard  cut- 
ting tools. 

E513h.  Repairs   of    NfiSiTi.i  aneovs    Station-    Eol'Tpmrnt. 

Charge  to  this  account  the  cost  of  repairing  station  apparatus  not  in- 
cludible in  the  foregoing  repair  accounts,  particularly  the  power  trans- 
mission equipment,  such  as  shafting,  belting,  and  clutches:  motors,  hoists, 
and  cranes,  etc. 

E514.  Steam  from  Other  Soirces. 

("hartrc  to  this  account  the  cost  of  all  purchased  or  jointly  produced 
•.tram  rnnsunird  in  the  power  plant  of  the  electric  department. 

NoT« — In  c»jM>  wjch  (it«»nm  In  Jointly  pnvlnc<v1.  i.  r..  pr*v1tic<-<1  by  tinothor  prwon 
or  oorrwratlon  iindrr  a  joint  nrmnifpmont  for  Khnrlng  the  co^t  of  production  In 
proportion  to  th«  txnrfltii  to  th«»  m-voral  partlclpnntw.  the  chance  to  thl«  aooount 
rruiy  Inrhiflo  n  prt>p»rt|on  to  cover  d«'proclatlon  of  plant  employed  aa  well  oj  the 
profortlon  of  direct  exp«n!"'.  tiut  It  munt  not  Inohid'-  nnv  nllow.inc<>  or  return 
upon  Iho  coiit  or  value  of  tlie  plant.  Such  allownne*-  or  return  ui»<>n  property  munt 
he  chanred  to  account  No.  922f.  "Other  Rent  Deductions".     (S<h>  piiije  R3.> 

E^15.  Pownt  Gas  from  Other  Sources. 
'^harge  to  this  account  the  cost  of  all  gas  consumed  in  the  gas  power 
plants  of  electric  generating  stations,  hut  not  produced  in  the  electric 
department;  this  includes  the  cost  of  gas  produced  for  the  corporation 
l>y  another  corporation  under  any  joint  arrangement  for  the  sharing  of 
expense  (upon  the  basis  of  the  relative  amounts  of  benefit  to  the  several 
participants),  inclusive  of  provision  in  such  expen-ie  for  depreciation  of 
plant,  but  exclusive  of  allowance  for  profit  or  rettirn  Jipon  the  value  of 
property  used  in  such  production. 

ES\6.    ELEtTHIC    EnKSCY    from    OtHFR    SoURlTS 

Charge  to  this  accotmt  the  cost,  at  the  point  of  delivery  to  the  corpora- 
tion, of  all  electric  energy  purchased  or  produced  for  the  corporation  by 
another  corporation  under  any  joint  arrangement  for  the  sharing  of  ex- 
pense (upon  the  hasj.s  of  thr  relative  .imounts  of  l>enefit  \r>  the  several 
participants),  inclusive  of  provision  in  mich  expense  for  depreciation  of 
plant,  but  exclusive  of  allowance  for  profit  or  return  upon  tli,.  vabie  of 
property  used  in  such  production. 

II.    TRANSMISSION  EXPENSES. 
'■521a-  Transmission   .StmwAV  Rent. 

I      I'l-'-  t"  triv  .utoiint  the  rents  payable  acrruing  for  ducts  ica<ed  from 

'  er   c^^rporation";   or   from   a   mtinicipal   corporation. 

VoTK. — In  ca»e  the  rented  Buhtror  In  nn^d  for  distribution  as  well  aa  for  trans- 
nilfi-Mon.  the  rent  should  be  arrortlon«-d  t)etween  this  account  and  account  No. 
FS2lb.  "DlPtrlhutlon   Subway   Rent". 


Uni1'"okm  Accounts — Elf.ctrjcal  Cori^okations  39 

E522a.  Transmission   Pui.e  and  Fixture  Repairs. 

Charge  to  this  account  the  cost  of  repairing  and  renewing  poles,  cross- 
arms,  and  insulator  pins;  braces,  brackets,  and  other  pole  fixtures;  guys 
and  other  supports  for  holding  tlie  polos,  towers,  and  other  structures  in 
position;  also  repairs  of  towers  and  other  structures  maintained  primarily 
for  supporting  the  overhead  transmission  system. 

This  account  does  not  include  insulators. 

Note  A. — The  cost  of  repairing  and  renewing  polos  and  fixtures  whlcli  carry 
both  transmission  and  distribution  conductors  should  be  apportioned  between  this 
account  and  account  No.  E522b,  "Distribution  Polo  and  Fixture  R>  pairs". 

Note  B. — The  cost  of  replacement  of  towers  and  other  structures  maintained 
primarily  for  supporting  the  overhead  elictric  construction  shall,  when  the  Indi- 
vidual costs  of  tlic  samo  equal  or  e.xcied  $100,  be  treated  through  the  approjirlate 
capital  accounts.  When  the  individual  cost  Is  less  than  $100,  the  replacement 
may  be  charged  directly  to  this  account. 

E523a.  Transmission  Underground  Conduit  Repairs. 

Charge  to  this  account  the  cost  of  patrolling  and  inspecting  as  well  as 
repairing  transmission  underground  conduits,  including  renewing  ducts 
and  pipes,  enlarLiinf  and  repairing  manholes  re-paving  streets  over  such 
structures,  etc.  This  account  does  not  include  any  repairs  of  conductors 
or  of  the  insulation  thereof. 

Note. — The  cost  of  maintaining  underground  conduits  which  car;-y  both  trans- 
mis.slon  and  distribution  conductors  should  be  apportioned  between  this  account 
and  account  No.   E523b,  "Distribution  Underground  Conduit  Repairs". 
E524a.  Oserhead  Tra.nsmission    Svste.m    Rei-aiks. 

Charge  to  this  account  the  cost  of  repairing  and  maintaining  overhead 
trunk  lines  between  generating  and  sub-stations,  including  patrolling  and 
testing,  and  all  repairs. 

Note  A. — This  account  does  not  include  the  cost  of  repairing  poles  and  fixtures, 
for  which  see  accoimt  No.  Erj22a,  "Transmission  Pole  and  Fixture  Repairs". 

Note  B. — When  the  electric  current  g-nerated  (or  received  from  another  corpo- 
ration) Is  conducted,  either  at  the  voltage  of  generation  (or  receipt)  or  at  a 
higher  voltage,  to  a  point  where  It  is  (a)  lowered  in  voltage  by  means  of  step- 
down  transformers,  or  changed  as  to  kind  or  frequency  by  means  of  (b)  motor 
gont-rator  seta,  (c)  rotar>-  converters,  or  (d)  frequ<'ncy  changers,  that  portion  of 
the  outside  line  or  conductor  system  antecedent  to  the  said  stepdown  trans- 
formers, motor  generator  sets,  rotary  converters,  or  fnqut-ncy  ciiangers.  shall 
be  class.d  as  the  Transmls.sion  System:  except,  however,  that  primary  wiring  in 
lighting  systems  at  not  to  exceed  4,400  volts.  4-wlre.  3-phase,  shall  be  class- d  as 
a  part  of  the  Distribution  System.  Tie-lines  between  gineratlng  stations  and  sub- 
stations shall  follow  the  same  rule.  r,lne  transformers  ar«-  not  lnclud»Hl  among 
the  "stepdown   transformers"  above  mentioned. 

E524b.  Undergrounu  Ti:ansmission  System  Rkiaihs. 

Charge  to  this  account  the  cost  of  inspecting  and  repairing  underground 
transmission  cables. 

E525.  Sub-station  Lahor. 

Charge  to  this  account  the  cost  of  all  labor  employed  iii  .^.ii.c,  ..u  ..i- 
ing  and  operating  sub-stations,  including  not  only  that  of  regulators, 
bnishmen,  and  others  engaged  in  operating  the  electric  apparatus,  but 
also  that  of  clerks,  janitors,  watchmen,  c»c. 

E526   Sub-.station   SuprLiF,.«t  and  Expenses 

Charge  to  this  account  the  cost  of  supplies  consumed  and  expenses  in- 
curred in  connection  with  the  operation  of  sub-statinn<,  «uch  -is  telephone 
rents,  light,  heat,  etc. 


40  PUBLIC  Sfrvicf.  Commission — First  District 

E527.  Repairs  of  Substation  Brn.mvcs. 

Charsrc  to  this  account  the  cost  of  repairing  sub-station  huildin^'S  and 
prrmanr nt  fixtures  therein,  including  grounds  and  adjacent  streets,  vaults. 
<heds.  pits,  sidewalks,  etc. 

E528.  Rei'airs  op  Si-b-station  Equipme.st. 

("harfje  to  this  account  the  cost  of  repairing  apparatus  in  suh-stations. 
including  sub-station  cables,  switchboards  and  instruments,  station  term- 
inal board,  etc. 

Norr — Thid  account  Mhould  not  Include  th*  cont  nf  rcpatrlnir  any  wtoruK**  bat- 
t«Ty  «Hiulpni«'nt.  for  which  ■«-o  accovmt  No.  Er>29d,  ■•R<»|«atr«  of  Storajro  B.itt*ry 
Aoc»-i«-'«<>rl'ii". 

III.     ELFXTRTC  STORAGE  EXPENSES 

NoTK  III  i-a.xo  nny  eloctrlcnl  eorpomtlon  il^»!r«'«  to  Icep  tfvn-r  n^ri! ::itj<  (-..vpr- 
InK  \ln  •I'Olric  wtomifc  ■•xp»'n»(».  It  will,  \jnlll  othorwln.^  ord«'r«'<1.  tx»  nllowi-d  to 
iXJn'tolMAt*^  any  two  or  mon-  of  the  four  ncoo<inl.<  hor.»  prescribed.  In  such  ca«e. 
the  corT'-nitlun  mti!<t  (»>•  for.-  cnsoHrtntln;!*  f\\-  with  tlx-  Public  .«crvlc<-  Commla- 
Hlon  ft  notlop  of  Buch  consollflntlon.  si'fcir>'lnir  tho  nccrvuntj*  to  N'  con!«olldated. 
.''uch  notice  munt  N*  In  the  form  prencrlb^d  In  th«»  or<ler  covnr1n»r  th<»»e  nccounta. 

E53<)a.  Storage  Rattery  Lawir. 
Oiarcr    to   this   .iccnunt    the    salaries    and    personal    expenses    of    superin- 
•    'dent,  clerks,  and  hatterymen,  including  inspectors  and  testers. 
E529b.  Storage  Battery  Si'ppi.ies 
'TiarRC    to    this    account    the    cost    of    acid    and    distilled    water    in    cells. 
•  da.   spontres.  brooms,  mops,  waste,   raps,   hydrometers,   thermometers, 
.mtomatic   cell    fillers,    nibbcr   hose,    gloves,    shoes,   paint,    etc..    and    brushes 
.or  boo.sters  and  compensators. 

E52*)c.  Storage  Battery  Renf.wais 
Charge  to  this  account  the  cost  of  renewing;  worn-out  cells,  including 
diaphragms,  negative  and  positive  plates,  lead  in  strip,  spelter,  pails,  can- 
dles,  dry   boards,   tank  bands,   sheet   lead,   class   plates,   glass   covers   hydro- 
urn   generators,  jumpers,  clamps,   larnpblack,  etc. 

FJ>29<\.  Repairs  of  Storage   Battery  AcfTssoRtrs 
Charpe  to  this  accotmt  the  cost  of  repairing  tanks,  battery  room  floor, 
•  .-ulating    apparatus,    boosters,    and    compensators. 

TV.  DISTRIBUTION  EXPENSES. 

E531.    El.r.«TRI<     DiSTRIRl-riON    SUPERIKTEVriEV- r 

*  ..i.i;-    i"  this  account  the  salaries  and  personal  expei.-.-  .m   Mipcnii- 
tendrnts  and  clerks,  and  also  that  portion  of  the  salaries  of  the  enginecr- 
itig  staff  of  the  company  which  is  assignable  to  distribution. 
K532a.  ELECTRir  DisTRiBtmoN   Maps  anp  Re<x)Rds. 

Charge  to  this  account  the  cost  of  maps  and  records  of  overlirad  and 
undrrgrotind  lities.  including  salaries  and  personal  expenses  of  mappers 
and  draftsmen,  cost  of  drawing  material,  etc. 

E5.?2b   Et*CTRU   DisTEim-rinK  Office  Expense 

("barge  to  this  account  the  cost  of  ail  other  supplies  and  expenses  of 

-  offire  of  the  superintendent  of  the  distribution  department. 


Uniform  Accounts — Electrical  Corporations  41 

E53.3.  Setting  anii  Removing  AfEXERS  anp  Transformers. 

Charge  to  this  account  the  cost  of  all  supplies  consumed  and  all  ex- 
penses incurred  in  connection  with  the  operation  of  service  transformers 
and  consimiers'  meters.  This  includes  such  matters  as  setting  and  re- 
moving such  transformers  and  meters,  connecting  and  disconnecting 
services,  and  the  like. 

Note. — In  case  It  Is  the  policy  of  the  accounting  corporation  to  charge  the  cost 
of  the  first  setting  of  consumers'  meters  to  capital,  such  charge  should  be  made  to 
account  No.  El 67b,  "Electric  Meter  Installation". 

E521b.  Distribution  Subway  Rent. 

Charge  to  this  account  the  rents  payable  accruing  for  underground  con- 
duits   used   for   distribution    conductors. 

Note. — In  case  tho  rented  subway  Is  usrd  for  transmission  as  well  as  for  dis- 
tribution, the  rent  should  be  apportioned  between  this  account  and  account  No. 
E521a.  "Transmission  Subway  Rent". 

E522b.  Distribution   Pole  and  Fixture   Repairs. 

Charge  to  this  account  the  cost  of  repairing  and  removing  poles,  cross- 
arms,  and  insulator  pins:  braces,  brackets,  and  other  pole  fixtures;  guys 
and  other  supports  for  holding  the  poles,  towers,  and  other  structures  in 
position:  also  repairs  of  towers  and  other  structures  maintained  primarily 
for   supporting  the   overhead   distribution    system. 

This  account  does  not  include  insulators. 

Note  A. — The  coat  of  repairing  poles  and  fixtures  that  carry  both  transmission 
and  distribution  conductors  should  bi^  ar>portloned  between  this  account  and  ac- 
count No.  E.522a,  "Transmission  Pole  and  Fixture  Repalr.s". 

Note  B. — The  cost  of  replacement  of  towers  and  other  structures  maintained 
primarily  for  .supporting  the  overhead  eUctric  construction  shall,  when  the  Indi- 
vidual costs  of  the  sam<^  equal  or  exceed  $100.  be  treated  through  the  appropriate 
capital  accounts.  When  the  Individual  cost  Is  less  than  $100,  the  replacem^^nt 
may  be  charged  directly  to  this  account. 

E523b.  Distribution  Underground  Conduit  Repairs. 

Charge  to  this  account  the  cost  of  maintaining  subways  and  under- 
ground conduits,  including  repairs  of  the  tube,  of  manholes,  of  paving 
over  such  subways  and  of  all  ducts  and  conduits,  but  not  any  repairs  of 
conductors  or  of  the  insulation  thereof. 

Note. — Th»^  cost  of  maintaining  Onchiding  patrolling  and  Inspecting)  under- 
ground conduits  and  .subways  which  carry  both  transmission  and  distribution  con- 
ductors should  be  apportion"  d  between  this  account  and  account  No.  E523a, 
"Transmission  T'ndfrground  Conduit  Repairs". 

E534a.  Overhead  Distribution  System  Repairs. 
Charge  to  this  account  the  cost  of  patrolling,  testing,  and  repairing  the 
overhead  conductors  in  the  distribution  system. 

E534I..  Edison  Tihe  Svste.m  Repairs. 
Charge  to  this  account  the  cost  of  inspecting,  testing,  and  repairing  tin- 
Edison    tube    system,    including  junction    boxes,   tubing   an<l    conductors, 
coupling  boxes,  etc, 

E5.34c.  Other  Underground  Distribution   Svste.m   Repairs. 
Charge    to    this    account    the    salaries    and    expenses    of    patrolmen,    test- 
ers, etc.,  as  well  as  the  cost  of  repairing  damaged  subway  distribution  con- 
ductors. 

E535a.  Repairs  of  Electrk.  Servues. 
Charge  to  this  account  the  cost  of  repairing  underground   and   over- 
head services  leading  from  the  mains  to  the  consumers'  premises. 


•42  Plblic  Service  Commission — First  Distiuci- 

LSJSI).  Rti'AiMS  i>r  TkANSKORiijjts. 

Charge  this  account  the  cost  of  labor  and  material  consumed  in  main- 
tainiPK'    transfornurs,    inclu'lin^'    renewing    oil.    rc-paintinK.    rc-wmdiny,    re- 
moval and  replacing;  also  repairs  of  such  switches  and  cut-outs  as  are  the 
property  of  the  corporation  in  consumers'  premises. 
K536a.  ICt^tTiuc  Metes  Opekatiun. 

Charge  to  this  account  the  salaries  and  expenses  of  .superintendents 
and  clerks  in  the  meter  bureau,  and  also  that  portion  of  the  salaries  of 
the  engineering  staff  of  the  corporation  assignable  to  this  account;  also 
the  cost  of  light,  heat,  ice,  water,  and  other  supplies  and  expenses  in  con- 
nection with  the  meter-testing  bureau;  and  the  cost  of  testing  meters  on 
consumers*  premises  or  in  meter  shops. 

E536b.  Rlev.tiuc  Metkh  Rei-airs. 

<  harge  to  this  account  the  cost  of  repairing  meters  in  the  distribution 

rvici-  including  new  parts,  new  jewels,  clt-aninK.  and  painting. 

V    rril.IZATlON   KXPl-VSKS 
541a.  CoMMERciAi.  Arc  Labor. 
Charge  to  this  account  the  cost  of  labor  employed  in  trimming  and  in- 
specting  arc    lamps    on    private    consumers'    premises   and    in    municipal 
buildings. 

541h.  CoiiMERtiAL  Arc  Supplies. 
Charge  to  this  account  the  cost  of  all  supplies   (such  as  carbons,  globes, 
rtc.)     for    arc    lamps    on    private    consumers'    premises    and    in    municipal 
buildings. 

542    CoMMKRriAi.  .^R^  Repairs 
Charge   to  this   account  the  cost   of   keeping   in   repair   private  consumers' 
arc  lamps  and  those  in  municipal  buildings  ;  including  such  matters  as  setting 
.ind   removing  lamps,   repairing  parts,  changinw    f<>r   repairs   and   adjustment, 
and  testing  during  adjustment  and  after  repairs. 

543a.  Commercial  Incanhesitnt  Instaixation. 
Charge  to  this  account  the  cost  of  the  first  installation  of  incandescent 
lamps  on  consumers'  premises  (including  cartage  and  delivery  expenses) 
unless  consumer  is  charged  for  the  first  installation,  or  unless  it  is  proper 
to  charge  such  first  installation  to  capital.  (See  account  No.  E173.  page 
16.) 

.543b    CoMMER.  lAi.    Tn.  ANnrsrENT    Revewai.s. 
Charge  to  this  account   the  cost  of  renewing  incandescent  lamps  on 
consumers'  premises   (including  cartage  and  delivery  expense)   and  cost 
of  photonieterirg  incandescent  lamps.     Credit  to  this  account  any  rebate 
received  for  the  return  of  stubs,  or  allowances  relating  thereto. 
544a.  lNSJT.<-riox  or  CoNsrMRns'  Prfmjse? 
Charge  to  this  account  the  cost  of  inspection  of  cons»imers'  premises, 
including  such  matters  as  the  charge  for  municipal  certificates,  charge  for 
Roard  of  Fire  Underwriters'  inspection  certificates,  and  that  portion  of 
the  salaries  and  expenses  of  the  engineering  staff  or  of  other  departments 
than    the    distribution    department   engaged    in    technical    work    properly 
assignable  to  this  account. 

544b.    RePATKS   of    CoNSI'MEFS'    I.VSTAI.I-ATIONf 

Charge  to  this  account  the  cost  of  all  labor  and  material  furnished  to 
•  nsumers  for  inside  work  without  special  charge,  including  such  matters  as 


Uniform  Accounts — Electrical  Coupurations  43 

attention  to  complaints  or  to  improving  tlie  character  of  service,  replacing  or 
repairing  wiring  fixtures  or  electric  appliances,  moving  appliances  from 
place  to  place  in  houses  and  re-connecting  the  same,  etc. 

545a.  Municipal  STRE£r  Arc  Labor. 
Charge  to  this  account  the  cost  of  labor  employed  in  trimming  and  m- 
specting  the  arc  lamps  of  the  municipal  street  lighting  system. 

545b.  Municipal  Street  Arc  Supplies. 
Charge  to  this  account  the  cost  of  carbons,  globes,  etc.,  for  the  arc  lamps 
of  the  municipal  street  lighting  system. 

546.  Municipal  Street  Arc  Repairs. 
Charge  to  this  account  the  cost  of  changing  location  of  lamp  posts,  chang- 
ing   lamps    for    repairs   and    adjustments,    renewals,    repairs    of    mast    arms, 
hangers,  poles,  ropes,  etc.,  and  painting  poles ;  also  that  portion  of  the  arc 
lamp  shop  expense  assignable  thereto. 

547a.     Municipal  Street  Incandescent  Installation. 
Charge  to  this  account  the  cost  of   the  first  installation  of   incandescent 
lamps    in    the    municipal    street    lighting    system,    unless    it    is    paid    by    the 
municipal  corporation,  or  the  lamps  are  of  such  character  that  it  is  proper 
to  charge  to  capital.     (See  account  No.  E173,  "Glower  Lamps,"  page  16.) 

547b.  Municipal  Street  Incandescent  Renewals. 
Charge  to   this   account   the   cost  of    renewing  incandescent   lamps   in  the 
municipal    street   lighting   system. 

548.  Municipal  Street  Incandescent  Repairs. 

Charge  to  this  account  the  cost  of  repairing  municipal  incandescent  street 
lamps  and  fixtures. 

Note. — This  does  not  Include  items  chargeable  to  maintenance  of  poles  and 
their  flxture.s,  or  of  subways,  or  conductors. 

VI.  COMMERCIAL  EXPENSES. 
ESSl.  Commercial  Administration— Electric. 
Charge  to  this  account  the  matters  prescribed  under  the  following  heads 
a.  Commercial  Departttwnt  htdexincr-      This  covers  the  cost  of  indexing 
meters,  including  indexers'  lamps. 

h.  Commercial  Department  Cotlectinij :  This  covers  the  expense  of  the  col- 
lection bureau,  including  collectors'  salaries  or  commissions,  badges,  car 
fares,   and   delivering  bills. 

c.  Commercial  Department  Contracts:  This  covers  such  part  of  the  co^t 
of  the  contract  department  as  is  not  assignable  to  the  Promotion  Office,  in- 
cluding attention  to  bill  questions. 

d.  Commercial  Department  Accounting:  This  covers  the  cost  of  keeping 
the  accounts  of  consumers,  being  a  proportion  of  the  salaries  and  expenses 
of  general  officer  and  assistants  in  charge  of  the  commercial  department, 
and  salaries  of  bookkeepers  and  all  clerks  in  the  accounting  department 
having  to  do  with  consumers'  accounts 

e.  Commercial  Department  Miscellaueous:  This  covers  all  expenses  in- 
curred in  selling  electric  power  and  products,  in  determining  the  amount 
of  such  sales,   in   making  collections,  and  in  keeping  account  of  such   sales 


44  PtuLic  Slkvice  Commission — First  Distejct 

und  collections  as  are  not  includible  in  the  accounts  of  the  indexing,  account- 
ing, collection,  and  contract  divisions,  or  in  tlie  following  accounts  for  pro- 
motion expenses. 

ES52.  Promotion  OrncK  Expbnse— Eixcnuc. 

Charge  to  this  account  the  matters  prescribed  under  the  following  heads: 

a  Promotion  Afanapfmfnt :  This  covers  the  cost  of  administration  of 
the  department  maintained  for  the  promotion  or  development  of  electric  con- 
sumption, mcludint;  that  portion  of  the  salaries  and  expenses  of  manage- 
ment and  clerks  in  aj^cncy  and  contract  departments  assignable  to  new 
business. 

b  Demonstrations  This  covers  the  cost  of  labor  and  expenses  incurred 
in  demonstrating  the  use  of  electric  lamps  and  appliances  for  the  purpose 
of  obtaining  new  business. 

c  Other  Promotion  Office  Expense:  This  covers  the  office  expenses  of  the 
promotion  or  new  business  department. 

ESSi.    AdVKRTISING— El-BTRIC. 

tliarge  to  this  account  the  matters  prescribed  under  the  following  heads: 

a.  Adxertising  Salaries  and  Expenses:  This  covers  the  salaries  and  per- 
sonal expenses  of  the  advertising  mariager  and  clerks. 

b.  Advertising  Sundries:  This  covers  the  cost  of  commercial  advertising 
sundries,  including  booklets,  dodgers,  newspaper  advertisements,  posters, 
bulletins,  and  all   related  items. 

E554.  Canvassing   and   Soi-icrriNC — Eutcnuc 
(.'harge   to   this  account   all   expenses   incurred   in   soliciting  new   business, 
including  wages,  commissions,  and  per.sonal  expenses  of  canvassers,  cost  of 
preparing  estimates,   engineering  advice   on   wiring,   etc       "'      >'i'---   < — «- r< 
in   connection   therewith. 

E5S5.  Promotion  Wihing  and  Devkj 
<  "harge  to  this  account  the  matters  prescribed  under  the  following  heads : 
.1.  Promotion  Wiring :  This  covers  the  cost  t)f  wiring  in  consumers'  prem- 
^  furnished  without  special  charge  in  order  to  induce  new  business. 
K.  Promotion  Si;7ns  and  Devices:  This  covers  the  cost  of  electric  signs  and 
oUier  devices  (including  delivery  and  connection  charges,  .ind  expenses  in 
cnnnection  therewith >  supplied  to  cf»nsumers  without  special  charge  in  order 
•  develop  new  business. 

VII     GENERAL    AND    MISCELLANEOUS    EXPENSES 
FAW    Sai.ahiis  and  Expenses  or  Generai.  Ofhcers 
'  '•  ■•       •     '''^    ■■•ount  the  salaries  and  traveling  and  incidental  <  xi-^i'^"' 
'he  board,  president,  vice-president,  treasurer,  .secretary, 
auditor,    general    manager,   assistant    general    manager, 
ri  enKinccT.  Kenrral  superintcndenr,  purchasing  agent,  and  all  other  officers 
' --v'e  jurisdiction  extends  to  the  entire  system  and  who«e  services  can  not 
-  .•^f.-ictorily  allocated  to  the  several  departments 

E&W    Salaried  and  Exitnses  of  General  Offue  Clerks 
iliarge  to  this  account  the  salaries  and  traveling  and  incidental  expense* 
f  general  office  auditors,  bookkeepers,  cashiers,  paymasters,  stenographers. 


Uniform  Accounts — Elkctrical  Corporations  45 


clerks    ctnpUiycd    in    counting    cash,    and    all    other    clerks    employed    in    the 
general  office. 

Note. — Cost  of  labor  of  clerks  In  the  commercial  department  shall  be  charged 
to  account  No.  E551,  "Commercial  Administration — Electric".   (See  page  43.) 

K8.35.  tiE.NEH.'VL   Okkile   Sui'i-i.iiis   .vNu   Expenses. 

Charge  to  this  account  the  cost  of  office  supplies,  repairs  of  office 
furniture,  and  renewals  of  such  furniture  as  has  not  been  capitalized; 
wages  of  janitors,  porters,  and  messengers;  rent  of  rooms  in  office  build- 
ings, repairs  of  such  rented  rooms,  and  all  other  miscellaneous  expenses 
of  general  offices.  Office  expenses  of  departmental  officers  must  be  charged 
to  the  proper  departmental  accounts. 

Note. — Rents  cliarged  to  this  account  will  be  reciulred  to  be  reported  separately. 

E836.  General  Law  Expenses. 

Charge  to  this  account  all  law  expenses  except  those  incurred  in  the 
defense  and  settlement  of  damage  claims.  This  includes  salaries  and  ex- 
penses of  all  counsel,  solicitors,  and  attorneys,  their  clerks  and  attendants, 
and  expenses  oi  their  offices;  cost  of  law  books,  printing  briefs,  legal 
forms,  testimony,  reports,  etc.;  fees  and  retainers  for  services  of  attor- 
neys not  regular  employees;  court  costs  and  payments  of  special,  notarial, 
and  witness  fees  not  provided  for  elsewhere ;  expenses  connected  with  taking 
depositions,  and  all  law  and  court  expenses  not  provided  for  elsewhere. 

Note. — The  compensation  of  the  general  solicitor  or  counsel  or  other  .-ittorneys 
engaged  partly  In  the  defense  or  settlement  of  d.xmage  suits  and  jiartly  In  otiier 
legal  work,  should  be  properly  apportioned  between  this  account  and  account 
No.   ES47b,    "Law   Expenses  Connected  with   Damages". 

F.S37.  Miscellaneous  General   Expenses. 

Charge  to  this  account  the  cost  of  telephone  service,  telegrams,  and 
other  miscellaneous  expenses  (including  all  expense  specially  incurred 
in  connection  with  the  utilization  and  sale  of  byproducts,  such  as  battery 
and  other  chemical  waste,  etc.)  connected  with  the  general  management 
not  otherwise  provided  for. 

E838.  Insurance. 

Charge  to  this  account  premiums  paid  to  insurance  companies  for  fire, 
fidelity,  boiler,  casualty,  burglar,  and  all  other  insurance;  also  amounts 
set  aside  as  an  insurance  reserve. 

Note. — In  their  reports  to  the  Pulillc  Service  Commission  corporations  will  be 
required  to  report  the  charges  made  to  this  account  for  the  various  kinds  of  in- 
surance, and  for  self-insurunce. 

E839.  Relief  DEPARTMtNT  and  Pensions. 

Charge  to  this  account  (a)  all  salaries  and  expenses  incurred  in  con- 
nection with  conducting  a  relief  department;  also  contributions  made  to 
such  department.  Charge  also  (b)  all  pensions  paid  to  retired  employees, 
and  expenses  in  connection  therewith. 

Ii840.  Electrio  EraniHise  Requirements. 

Charge  to  this  account  the  cost  of  all  energy  and  materials  and  sup- 
plies furnished  to  municipal  corporations  in  compliance  with  franchise 
requirements  and  for  which  no  payment  is  received  by  the  corporation; 
also  of  all  direct  expense,  such  as  paving  and  other  like  matters,  incurred 
in  compliance  with  such  requirements  and  for  which  no  reimbursement 


46  Public  Service  Commission — First  District 

is  received  by  the  corporation.  Amounts  charged  to  this  account  for 
which  there  is  no  direct  money  outlay  shall  be  credited  to  the  below  pro* 
vided  account,  No.  E853,  "Duplicate  Electric  Charges — Cr."  (See  page 
4«.) 

K842.  (iENERAt.   .A MOBTiZATioN     Electric. 

Charge  to  this  account  month  by  month  the  amount  estimated  to  be 
necessary  to  cover  such  wear  and  tear  and  obsolesence  and  inadequacy 
as  have  accrued  during  the  month  in  the  tangible  electric  capital  of  the 
corporation,  such  portion  of  the  life  of  intangible  fixed  capital  as  has  ex- 
pired or  been  consumed  during  the  month,  and  the  amount  estimated  to 
be  necessary  to  provide  a  reserve  to  cover  the  cost  of  property  destroyed 
by  extraordinary  casualties;  less  the  amounts  charged  for  that  month  to 
the  various  repair  accounts  in  Electric  Operating  Expenses.  The  amount 
charged  (or  credited)  to  this  account  shall  be  concurrently  credited  (or 
ihar>^«(!)  \"  tin-  risirvi-  account  N<'  .^74.  ".\ccruf<l  Amorti-'aticn  ..f  ("a])i- 
tal."  (See  page  27.) 

NoTB  A. — Until  othcrwlso  ordered.  th«'  "nmount  o»tlmat««<l  to  hr  n«-<H-<»^iry  to 
cover  such  wi'ar  and  tear  and  obaoleMcence  and  Inadi^quacy  as  *  1  dur- 

Inif"  nriy  month  bIiiiII  Ix'  biLB«*d  on  a  ruU-  dt-tornilntHl  l)y  Uio  a^  ,>ora- 

lion       ."^uch   rul<-   may   Ix*  derived   from  a  consideration   of  tli<  ; ion's 

history  find  exinrlencc  durinK  the  iir«-c«Hlln»f  n\<-  ymrs.  and  tlic  ac>  ru:il  may  '>«*  on 
the  t.:ifilfi  of  ktlowntt-houni  sold.  Amortization  of  Intanirlblp  cnpltal  shall  llk<>wlB« 
Ix^  tiajKd  on  nil'-.  Whatover  may  b«»  Its  basis,  such  rules  and  a  sworn  statement 
of  the  fnct«  and  expert  opinions  and  estimates  uj>on  which  they  an-  based  shall  he 
flied  with  thi-  Public  S<•^^•lp««  Commission  on  or  before  J.iniiar>*  !•  I!"^'?;  each 
.•\men<lment  of  any  svich  nile  and  a  sworn  statement  of  the  facts  and  exjxTt  opin- 
ions and  estlm.ites  upon  which  such  amendment  Is  baaed  shall  hf  flb-d  with  the 
Public  Service  Commission  b«-fore  It  Is  used  by  the  accouiulns  corporation,  and 
shall  shew  the  date  when  It  la  to  be  efr.-ctlve.  Such  rules  and  statements  shall 
bo  nied  uixm  sh««ets  KU,  Inches  by  11  Inches  or  !»14  Inches  by  1?  Inches  and  shall 
h"  entitled  "Rule  of  the  (here  naming  the  acoountlnir  corporation)  ooncemlnn 
Amortloatlon  of  Capital". 

Note  n — Wlien  any  capital  Is  ntln-d  from  wrvlcc.  the  amount  (cstlmat*^  if 
not  known  i  oHtilnally  chanred  to  a  capital  rfocount  In  respect  thereof  shall  be 
cre.Ilted  to  such  cnpltal  nccoiint,  and  (exorpt  as  provided  In  acrount  No  Kino, 
••M«ed  Criplfal.  r>«-<v«mber  51.  lPf>R.")  the  oriKlnal  money  cost  of  mich  caplt-tl,  less 
oalvase.  If  any.  shall  be  chanr^  to  the  re*<rv  e  account,  "Accrxied  Amortization  of 
Capital."  any  necea«ar>'  adjiistlnir  entr>'  b4lnir  m.ade  In  the  proper  account  under 
"Corixirate  .Surplus  or  Dencll".  WHien-  capital  Is  stibstanfl.ally  cmtlnuous  and 
c.in  not  Iw.  s:iHsra(-forlly  lndlvMu.Tll?.«d.  It  nhnll  |w  kept  In  ftn.Ment  openitlnir  con- 
dition throtirh  repair,  and  the  renewals  nnd  replac  ments  of  parts  thereof  shall  t>« 
considered  repnirs  In  the  case  of  Inilldliirs.  towers.  bHdir«>s.  tr>-st1es.  and  other 
separate  stnirfures  capable  of  belnr  re.idlly  lndlv|du.illic(Hl.  chanfes  to  this  ac- 
coi/ht  must  be  mitnclent  to  provide  (|n  respect  of  stich  capital  and  except  as  pro- 
vided In  account  No  KIOA.  "Fixed  r-npitni.  TVcemtx^r  31.  190JI.")  In  the  ncrount 
"Accrtied  Amortisation  of  Oapltal"  by  the  time  such  stnicturea  im  out  of  serv1c<> 
a  reserve  equal  to  the  oilslnal  money  cost  then-of.  lens  )ait\-air<>,  to  which  account 
siich  orlff1n.ll  cost,  lenn  salvnire.  shall  be  charged. 

F.845.  Fjjtrmic  ExreNsr.**  TRAN»rrj»i«rr>— Cit 
Credit  to  this  account  the  proportion  of  operating  expenses  fincluding 
dcprcri.it'on  and  other  amortisation  a«  well  as  repairs")  charecahle  to 
other  coordinate  departments  (such  as  gas  or  street  railroad)  within  the 
same  corporation,  defrayed  in  the  first  instance  by  the  electric  depart- 
ment. 

Not* — TVi  not  erMIt  to  this  aecotmt  anv  allowance  In  the  nature  of  rent  or 
return  upon  the  cost  or  value  of  property. 

E84'S     TOTKT   OPCTATTKC    EXPEKSE— Cr. 

When  any  plant  or  equipment  is  maintained  or  operated  by  the  ac- 
counting corporation  for  the  joint  benefit  of  itself  and  others  under  an 


Uniform  Accounts — Electrical  Corporations  47 

arrangement  tor  apportioning  (on  the  basis  of  the  relative  amounts  of 
benefit  to  the  several  participants)  the  operating  expenses,  the  portion  of 
such  expenses  chargeable  to  others  under  the  arrangement  shall  be 
credited  to  this  account.  The  portion  so  credited  must  not  include  any 
allowance  for  profit  or  return  upon  the  value  of  such  property. 

Note  A. — The  foregoing  should  be  read  In  connection  with  the  definition  of 
revenue  account  No.  425,  "Joint  Electric  Rent  Revenue".   (See  page  33.) 

Note  B. — In  the  case  of  the  production  of  power  part  of  which  Is  transferred 
to  another.  If  the  arrangement  under  which  such  production  occurs  d<jt.-s  not  pro- 
vide for  the  apportionin-  nt  of  expenses,  the  entire  amount  charg>d  for  the  portion 
supplied  is  to  be  credited  to  the  appropriate  revenue  account  covering  the  sale  of 
power.   (See  accounts  Nos.  404,  407,  409,  410,  and  411,  page  32.) 

E847a.  Accidents  and  D.\mages. 
Charge  to  this  account  all  expenses  (other  than  law  expenses  provided 
for  in  the  succeeding  account)   on  account  of  persons  killed  or  injured 
and    property    damaged    in    connection    with    the    operation    of    the    plant,   as 
enumerated  under  the  following  heads: 

a.  Claim  Department  Expense :  This  head  includes  salaries  and  expenses 
of  claim  agents,  investigators,  adjusters,  and  others  engaged  in  the  in- 
vestigation of  accidents  and  adjustment  of  claims. 

b.  Medical  Expenses:  This  head  includes  salaries,  fees,  and  expenses  of 
surgeons  and  doctors ;  nursing,  hospital  attendance,  medical  and  surgical 
supplies;  fees  and  expenses  of  coroners  and  undertakers;  and  contribu- 
tions to  hospitals. 

c.  Injuries  to  Employees:  This  head  includes  amounts  paid  in  settlement 
of  claims  of  employees  for  injuries  arising  in  the  course  of  their  employ- 
ment; also  wages  paid  to  disabled  employees  while  oflF  duty. 

d.  Other  Personal  Injuries  and  Property  Damage :  This  head  includes 
amounts  paid  in  settlement  of  claims  of  persons  other  than  employees 
for  personal  injuries  sustained  in  connection  with  the  operation  of  the 
plant;  also  amounts  paid  in  settlement  of  claims  for  damage  to  property 
not  owned  by  the  accounting  corporation. 

e.  Other  Accident  Expenses. 

Note  A. — In  their  annual  reports  to  the  Public  Service  Commission  corporations 
will  be  rofiulred  to  state  separately  Iho  charges  to  this  account  under  the  head, 
(c).  "Injuries  to  Employees". 

Note  B. — If  It  Is  desired  that  the  charge  to  operating  expenses  on  accoiint  of 
Injuries  and  damages  shall  be  upon  some  arbltrar>-  ba.sls.  the  amount  so  chargred 
shall  be  credited  to  account  No.  381,  "Casualties  and  Insurance  Reserve,"  and 
the  actual  disbursements  above  enumerated  shall  be  charged  against  such  reserve 
account. 

E847b.  Law  Expenses  Connected  with  DAM.\r.ES. 

("harge  to  this  account  all  law  expenses  in  connection  with  the  defense 
or  settlement  of  damage  claims,  including — 

a.  Salaries  and  Expenses  of  Attorneys:  .\  proper  proportion  of  the  salary 
and  expenses  of  the  general  solicitor  or  counsel,  and  salaries,  fees,  and 
expenses  of  attorneys  engaged  in  this  work. 

b.  Court  Costs  and  Expenses:  Fees  of  court  stenographers,  expenses  con- 
nected with  taking  depositions,  and  other  court  expenses. 

c.  Lazu  Printing:  Cost  of  law  books,  and  cost  of  printing  briefs,  court 
records,  and  similar  papers. 


4S  Pt'BLic  Service  Commission — First  District 

Nom  A — If  11  !•  driilr*<l  Ihnl  Ih*  charv«  to  npermtlnc  exptnsm  on  account  of 
law  rsprnars  In  oonnrcilun  with  danuu;«-a  shall  hv  upon  aom<-  arbltrar>'  biuUa,  tha 
utnouikt  Ml  chaniv<l  ahall  Ix-  cn-dltciJ  to  account  Nu.  3I>1.  "CoaualUai  and  Insurance 
K<»<r.c."  and  lh«  artual  <ll«ljuriM:in<  nts  above  t.-nuineralt'd  aluvll  N*  chars<^ 
iicaltiiit  mich  r«-ii<-r\o  ac>c<-)»iiit. 

Note  r<  — Th«  compcnaatlon  of  ih*  crmTal  aollcltor  or  couna«l  and  other  attor- 
n<'ra  ^nsaicd  portly  In  tlip  defrnao  or  aetilemvnt  of  damajT^  aulta  und  |uu-tly  In 
uthfT  I'cnl  work  ahould  Im-  i>rop<'rly  apportlonr^  bi-twcfm  thli  account  and  account 
So.  B836,  "O*  n«Tal   I>aw    Kx|>*niM«". 

l\AiS.  (iisEJiAi.  Stationeky  and  Printing. 

Oiar^c  to  this  account  all  expenses  for  stationery  and  printing,  stationery 
-upplic*.  and  |x>staKr.  except  as  hereinafter  pruviiled: 

The  cost  of  printing  briefs  and  other  IcRal  papers  shall  be  charged  to 
account  N'o.  I'1836.  "General  I-aw  Kxpcnscs."  or  No.  VJ8A7h.  "I-aw  Ex- 
penses Connected  with  Damages,"  in  accordance  with  the  purpose  of  the 
printing. 

The  cost  of  printing  signs,  posters,  and  other  advertising  matter  shall 
Ik-  charircd  tu  accoutit    N'o.    K553,  "Advertising    -Electric." 

The  cost  of  such  mechanical  calculators,  typewriters,  duplicating  ma- 
chines, and  other  oflTicc  appliances  as  are  not  properly  capitalized,  shall, 
if  for  use  in  general  offices,  be  charged  to  account  No.  E835,  "General 
Office  Stipplies  and  Kxpcnscs;"  or  if  for  the  use  of  dcpartmrnt.il  ofTices. 
to  the  proper  departmental  accounts. 

ES50.  Stork  Expenses. 

Charge   to  this  account   all   salaries   and   expenses   in   connection   with 
v'orerooms.    including   cost   of    sendinp   material   and   supplies    fr'">m   general 
torerooms  to  branch  storerooms,  and  the  collection  of  scrap  material. 
E8S1.  Stabu.  Expenses. 

Charge  to  this  account  the  cost  of  feed.  keep,  and  shoeing  of  horses, 
".ages  of  stahlemen,  hostlers,  veterinary  expenses,  and  nil  other  expenses 

f  stabling  horses;  also  the  cost  of  repairing  harness  and  vehicles. 

N'trm — The  onmt  of  horve*  purrhnaed  to  rcplnco  othem  nhoiild  ho  ehanpvl  to 
account  No.  Ei;2.  "Oonoral  Equlpnienl". 

EK52.    UNniSTRIBVTT.I>    .^P.tfSTMEKTS — B.M..\N<T. 

At  least  once  a  year  an  inventory  of  materials  and   supplies   shall  be 
•  ken.  and  the  difference  (in  respect  of  any  particular  class  of  materials 
and  supplies)  between  the  ledger  and  inventory  balances  debited  or  cred- 
ited to  this  account  in  case  it  ran  not  be  assigned  (o  a  specific  accoimt. 
Credit  to  this  account  all  discounts  recovered  through  the  prompt  pay- 
■ent  of  billt  for  materials  and  supplies  consumed   in  operation,  unless 
■■-h  f<;«prit:rr<   arr   applied   to  the  particular  bills. 

in<l  «»ipp1l»>"  hnvp  h^en  nw^d  f-  •    nf  w«»tl  a* 

!•  l-^rtlon  of  th<'  »hortnfr<>«  "r  <■  «h1  by  the 

\      r  riv-dltod  to  aooount    No    F  -if^un  Con- 

E853   DuFLicATE  ELEmiir  Charges— Ol 

<  rrdi'  tf^  tbjs  account  all  charges  made  to  any  accounts  in  electric 
perating  expenses  in  respect  of  any  electric  power  or  other  product  of 
'•-ctnc  operatirn*  nf  the  mrporati.'n  cnn«timed  therein. 

17.  Expenses  of  Outside  Operations.  Tbr  detailed  expense  accounts 
i-«r  other  than  electric  operations  will  be  elsewhere   provided   for. 


Uniform  Accounts — Electrical  Corpowations  49 

18.  Tax  accounts. — An  account  shall  be  kept  of  the  taxes  chargeable 
against  each  particular  class  of  operations,  and  one  for  those  chargeable 
against  non-operating  revenues.  Each  tax  account  shall  be  appropriately  en- 
titled (as  <-.  (/.,  "Taxes  Assignable  to  Electric  Operations,"  "Taxes  .\ssignable 
to  Non-operating  Revenues,"  etc.),  and  shall  be  so  kept  as  to  show  separately 
the   following : 

State  Franchise  Tax  on  Capital   Stock, 

State  Iranchise  Tax  on  Gross  Earnings, 

Special  Franchise  Tax, 

Taxes  on  Laud   (exclusive  of  improvements). 

Taxes  on  ImprovetHents  on  Lands, 

Taxes  on  Personal  Property, 

Other  Taxes  (showing  in  detail). 

To  each  tax  account  there  shall  be  charged  monthly  the  amount  of  taxes 
accruing  during  the  month,  and  such  amount  shall  be  concurrently  credited 
to  the  account  "Taxes  Accrued"  (or  to  the  account  "Prepaid  Taxes,"  if  such 
tax  is  prepaid).  The  amount  of  taxes  accruing  during  any  month  shall, 
where  the  levy  is  unknown,  be  estimated  as  nearly  as  may  be,  and  when  the 
levy  is  ascertained  the  matter  shall  be  adjusted  during  the  remainder  of  the 
tax  year.  For  example,  if  at  the  beginning  of  a  tax  year  the  taxes  on  a 
particular  class  of  property  are  estimated  to  be  $600  for  the  year,  the  monthly 
charge  on  account  of  such  tax  should  be  $50  until  the  amount  ot  the  le\7 
becomes  known.  If  during,  say  the  fifth  month,  it  is  found  that  the  levy 
for  the  year  is  $640.  there  will  already  have  been  charged  up  f^ur  months  at 
$50  per  month,  leaving  $440  to  be  charged  during  the  remainder  of  the  year, 
or  $55  for  the  fifth  month  and  each  month  thereafter  during  the  remainder  of 
the  year. 

Such  taxes  as  pertair  to  two  or  more  classes  of  operations  or  to  non- 
operating  revenues  should  be  apportioned  with  regard  to  such  operations  and 
non-operating  revenues  upon  an  equitable  basis,  which  basis  will  be  required 
to  be  reported  in  the  annual  report  of  the  corporation  to  the  Public  Service 
Commission. 

19.  Uncollectible  Bills. — For  uncollectible  electric  bills  the  following 
account  is  provided  : 

E870.  Un  COLLECT  I  m.E  Electric  Bills. 
VVTien,  after  a  reasonably  diligent  effort  to  colkct.  any  account  stated  for 
electric  energy  sold  has  proved  impracticable  of  collection,  it  shall  be  charged 
to  this  account  and  credited  to  the  account  reccivalile  in   which  theretofore 
charged. 

20.  Definitions  of  Non-operating  Revenue  accounts.— In  the  following 
definitions  of  accounts  the  Utttrs  and  miinl)ers  prefixed  to  the  titles  are  in- 
serted solely  for  convenience  of  reference  and  are  no  part  of  the  titles  or  of 
the   definitions  : 

E901a.  Rent  Accrued  from  Lease  of  Electric  Plant. 
Credit  to  this  account  monthly  as  they  accrue  all  revenues  flowing  to  the 
corporation  from  its  interests  in  electric  plant  or  equipment  held  by  others 
under  some  form  of  lease  whereby  it  surrenders  possession  of  such  property. 
This  account  contemplates  that  the  taxes  on  property  so  held  are  payable  by 
the  tenant  in  possession  and  charged  by  him  to  the  appropriate  tax  account 


50  Public  Sekvice  Commission — First  District 

1 1    uiulir   tljc  contract   ot    least   such   taxes   arc  payable   by  the   lessor  or  its 
assi({ncr,  such  taxes  shall  l>c  charged  to  this  revenue  account  and  not  to  any 
of  the  lessor's  tax  accounts,  nor  to  any  of  its  expense  accounts. 
E901d.  MiscEU-ANEOus   Rknt   Rexxnues. 

Credit  to  this  account  monthly  as  they  accrue  all  miscellaneous  rent  rev- 
enues tlowing  to  the  corporation  as  a  return  up"n  leased  property  other  than 
electric  plant  and  equipment.     Such  revenues  shall  be  classified  as  follows: 

Leasehold  Kex'enues :  That  is  to  say,  all  revenues  flowmR  to  the  corpora- 
tion from  its  interests  in  property  held  l)y  others  under  any  Ica^e  the  entire 
term  of  which  is  K'^'ater  than  one  year.  This  contemplates  that  the  taxes 
on  property  so  held  are  payable  by  the  tenant  in  possession  and  charged  by 
him  to  the  appropriate  tax  account.  If  under  the  contract  of  lease  such  taxes 
arc  payable  by  the  lessor  or  its  assignee,  such  taxes  shall  be  charged  to  this 
revenue  account  am!  not  to  any  of  the  lessor's  tax  accounts,  nor  to  any  of 
its   expense   accounts. 

Other  Rent  Kn'enMes:  That  is  to  say,  all  revenues  flowing  to  the  corpora- 
tion from  its  interests  in  property  held  by  others  under  any  lease  or  contract 
for  a  term  not  to  exceed  one  year  from  the  beginning  of  the  term,  or  held 
at  will  or  upon  sufferance.  This  account  contemplates  that  tiic  tares  on  prop- 
erty of  this  character  shall  be  paid  by  the  landlord  and  charged  to  the  ap- 
propriate tax  account.  If  under  the  contract  covering  the  holding  for  terms 
of  one  year  or  less,  or  at  will,  the  taxes  are  to  be  paid  by  the  tenant,  the 
amount  of  such  taxes  shall  be  credited  month  by  month  to  this  account  as 
they  accrue,  and  shall  correspondingly  be  charged  to  the  tax  account  cover- 
ing taxes  on  property  of  this  character. 

Entries  in  this  account  must  be  made  in  such  wise  as  to  show  separately 
the  classes  above  indicated,  which  will  be  required  to  br  '»nt,.,t  c,-ri-,rTi,  ly  j^ 
the  annual  reports  to  the  Public  Service  Commission. 
E902.  Interest   Re\'enuf.s. 

Credit  to  this  account  monthly  as  it  accrues  all-- 

Interest  from  Bound  Investments :  That  is  to  say.  all  interest  accruing  to 
tlie  corp<iration  upon  such  of  its  intere«it-bearing  free  investments  (as  here- 
inbefore defined)  as  arc  liabilities  of  solvent  concerns  and  individuals. 

Interest  from  J-ree  Iitxestments :  That  is  to  say.  all  interest  accruing  to 
the  corporation  upon  such  of  its  intercst-l)earing  free  investments  (as  here- 
inbefore defined)  as  arc  liabilities  of  solvent  concerns  and  individuals. 

Interest  from  Other  Sources  That  is  to  say.  all  interest  accruing  to  the 
corporation  upon  its  interest-bearing  current  assets,  special  deposits,  and  all 
other  assets  not  provided  for  under  the  two  foregoing  heads,  where  such 
interest  is  a  liability,  actual  or  contingent,  of  solvent  concerns  and  individuals. 

F'ntries  in  this  account  must  be  made  in  such  wise  as  to  show  separately 
the  classes  above  indicated,  which  will  be  required  to  he  stated  separately 
in  the  annual   reports  to  the   Public  Service  Commission 
E903.  Dividend  Re\-ences. 

Credit  to  this  account  at  their  cash  value  and  as  of  the  date  when  col- 
lectible, all— 

Difidends  on  Bound  Investments :  That  is  to  say.  all  dividends  declared 
by  solvent  concerns  upon  stocks  held  by  the  corporation  among  its  bound 
investments. 


Uniform  Accounts — Electrical  Corporations  51 

Dizndoids  on  Free  Itwestmcuts:  That  is  to  say,  all  dividends  declared  by 
solvent  concerns  upon  stocks  held  by  the  corporation  among  its  free  invest- 
ments. 

Entries  in  this  account  must  be  made  in  such  wise  as  to  show  separately 
the  classes  above  indicated,  which  will  be  required  to  be  stated  separately  in 
the  annual  reports  to  the  Public  Service  Commission. 

E904.   Profits  from   Operations  of  Othf.rs. 

Whenever,  in  accordance  with  the  terms  of  any  contract,  the  corporation 
is  entitled  to  participate  in  the  profits  resulting  from  the  operations  of  others, 
all  revenues  accruing  to  the  corporation  from  such  source  shall  be  credited 
to  this  account. 

Note. — This  account  does  not  Include  any  dividends  on  stocks.  Such  dividends 
should  be  credited  to  account  No.  E903,  "Dividend  Revenues". 

E905.  Miscellaneous  Non-operating  Revenues. 

To  this  account  shall  be  credited  all  non-operating  revenues  accruing  to 
the  corporation  and  not  provided  for  in  any  of  the  foregoing  accounts. 

21.  Definition  of  Non-operating  Revenue  Deductions  account. — To  an 
account  entitled  "Non-npcrating  Revenue  Dcductii^ns"  shall  l>c  charged  all 
matters  provided   for  under  the  following  sub-accounts : 

a.  Rent  Expense:  This  sub-account  includes  all  matters  provided  for  un- 
der the  following  two  heads  : 

Leasehold  Expense :  That  is  to  say,  all  expense  arising  in  connection  with 
the  procuring  of  revenues  from  leaseholds  having  terms  greater  than  one  year, 
including  the  cost  of  negotiating  contracts,  advertising  for  tenants,  fees  paid 
conveyancers,  collector's  commissions,  cost  of  enforcing  payment  of  rent,  cost 
of  ousting  tenants,  etc.,  and  all  other  expense  arising  in  connection  with  such 
leaseholds.  This  applies  only  to  leases  conveying  the  property  out  of  the 
possession  of  the  corporation,  and  it  includes  the  expense  accruing  while  the 
property  is  idle  and  awaiting  an  occupant.  This  head  includes  cost  of  mainte- 
nance of  the  property  when  such  cost  is  borne  by  the  corporation.  Such 
maintenance  includes  depreciation  as  well  as  reparable  wear  and  tear.  It 
does  not  include  taxes. 

Other  Rent  Expense:  This  head  is  analogous  to  the  preceding  head 
"Leasehold  Expense,"  and  differs  from  that  only  in  that  this  provides  for  ex- 
pense in  connection  with  property  let  for  a  term  of  one  year  or  less. 

b.  Interest  Expense:  This  sub-account  includes  all  expense  arising  in 
connection  with  procuring  interest  upon  investments,  such  as  expense  of  col- 
lection, expense  of  investigating  delay  in  payment,  expense  of  enforcing  pay- 
ment, and  the  like.     It  does  not  include  taxes  on  such  investments. 

c.  Dividend  E.xpense:  This  sub-account  includes  all  exjiense  arising  in 
connection  with  the  collection  of  dividends  on  stocks  of  other  corporations; 
also  all  expense  incurred  in  the  investigation  of  the  affairs  of  the  corporations 
whose  stocks  are  held,  whether  for  the  purpose  of  detecting  mismanagement 
or  for  the  purpose  of  inducing  the  declaration  of  dividends,  and  all  expense 
connected  with  enforcing  payment  of  dividends  when  declared.  It  does  not 
include  taxes  on  such  investments. 

d.  Others'  Operations  Expense:  This  sub-account  includes  the  cost  of 
negotiating  contracts  whereunder  the  corporation  is  to  participate  in  profits 


^2  I'lm-ic  Service  Commission — First  District 

rcsuUinK  fruiii  the  optrations  of  others;  also  all  expense  of  collecting  the  cor- 
poration's pr<>[Hirtion  of  such  profits,  and  all  cx{KOse  connected  with  procur- 
inK  tlic  nv'iliru.ition  <»r  the  liissolution  of  any  such  contract. 

e.  Mis<^»XLA.Nr.ous  Nos-oitkatinc  Exw-xsk  :  This  sub-account  includes 
;ill  non-operating  expense  (as  hereinbefore  defined)  which  is  not  provided 
fi>r  in  the  forcKoing  sut>-accounts. 

/.  NoN-ojT-RATiNc  Taocks  :  This  sub-account  includes  all  taxes  accruing 
upon  non-operating  property  and  all  assii?nable  to  non-operating  revenues. 

p.  I'scni.t-ECTmi-f  N'oN-oprRATiNc  Rkvkm'ks  :  When  any  nrm -operating 
revennes  are  judiird  by  the  corjM-iration  to  be  uncollect ible.  the  amount  thereof 
shall  he  credited  to  the  account  in  which  theretofore  charged,  and  charged 
to  the  account  "Non-oprratinp  Krvcnuc  Deductions"  under  the  head  of  "Un- 
collectible N'nn-operating  Revenues." 

Note. — In  anniinl  nivirtii  of  corporatlonn  to  tho  Ptibllc  StTxioe  Comml««lon  thla 
iiocount  will  tx-  riHiulrtHl  to  be  fully  analysed. 

22.  Income  Deductions. — The  sum  total  of  the  credit  balances  in  the 
rcvrnuc-  accounts  i'>r  any  particular  opi-ration  at  the  close  of  a  fiscal  period 
gives  the  Kri'S.s  rt\inuc  from  that  operation  fi>r  that  period.  This  gr<>»s  rev- 
enue diminished  Ity  the  operating  expenses,  the  taxes,  and  the  unollcctibic  bills 
assignable  to  such  operation  for  the  period,  gives  the  income  from  that  opera- 
tion for  the  period.  Similarly  for  the  non-operating  revenues,  the  non-operat- 
ing expenses,  and  the  non-operating  taxes. 

The  aggregate  of  the  incomes  from  the  several  operations  and  the  non- 
operating  income  is  the  gross  income  applicable  to  corporate  and  leased  prop- 
erties. .^s  has  before  been  said,  the  gros*  income  is.  in  the  usual  case,  subject 
to  various  compulsory  dedtictions.  and  these  are  hereinafter  called  Income 
Deductions 

23.  Definitions  of  Income  Deductions  account*.— In  the  following  defi- 
nitions the  letters  am!  numbers  pretixcd  t«>  the  titles  of  the  several  accounts 
are  inserted  solely  for  convenience  of  rcfernce  and  are  no  part  of  the  titles 
•  •r   ..f    the    tlefiiiilions : 

921.  Interest  DrnucrioNS. 
■imt   monthly   (or  as  otherwise  below  directed)   all  mat- 

'  i<r..\i»lctl  lor  uniler  the  following  five  heads: 

"'snltitc  Interest  .Iccrucd  nn  Funded  Dehl :  This  head  inchidrj  all  inter- 
'  -.t  accruing  absolutely  on  the  outstanding  fun«led  debt  of  the  corporation 

('nnlini;ent  Intercxt  .-licrued  on  l-undcd  Debt  Tliis  head  includes  when 
the  contingency  occurs  all  interest  accruing  contingently  on  the  outstanding 
funded  debt  of  the  corporation.  This  includes  snch  matters  as  interest  on  in- 
come bonds. 

Interest  Accrued  on  Receiver's  Certificates-  This  brail  inchides  all  inter- 
est accruing  on  receiver's  rrrtificatrs  which  are  liens  \\\tr>n  the  property  of 
the  corporation  or  any  part  of  it. 

Interest  .Ucrued  on  Otk*r  Vnfunded  Debt.  This  head  includes  all  inter- 
f-st  accruing  on  .ill  iinfundcd  debt  of  the  corj>oration  except  receiver's  certi- 
ficates. 

fiifcresl  Accrued  om  Debenture  Stocks      This  head  includes  all  interest  ac- 
n«  on  the  outstanding  debenture  stfx-ks  of  the  corporation. 

i-.ntnes  in  the  account  "Interest  Deductions"  must  be  made  \n  such  wise 
as  to  show  separately  the  classes  above  indicated,  which  will  be  required  to 
be  stated  separately  in  the  annual  reports  to  the  Public  Service  Gammission. 


Uniform  Accounts — Electrical  Lori'orations  53 

922a.  Rknt  for  Lease  of  Other  Electric  Plant. 
Charge  to  this  account  monthly  all  amounts  accrued  against  the  account- 
ing corporation  for  rent  of  electric  plant  and  equipment  which  it  holds  under 
some  form  of  lease  from  another  company  or  corporation  and  of  which  it  has 
the  exclusive  possession.  Taxes  accrued  on  such  plant  and  equipment  shall 
not  be  charged  to  this  account  but  to  the  appropriate  Taxes  account.  If  such 
taxes  are  (under  the  contract  of  lease)  payable  by  the  lessor  or  reversioner, 
they  shall  be  credited  to  this  account  and  charged  to  the  appropriate  Taxes 
account.  Such  taxes,  when  paid  by  the  lessor  or  reversioner,  shall  be 
charged  to  its  rent  revenue  account  and  not  to  its  Taxes  account,  to  the  end 
that  taxes  upon  such  plant  and  equipment  shall  be  reported  by  the  corpo- 
ration in  possession. 

922.  Other  Rent  Deductions. 

Charge  to  his  account  the  matters  provided  for  in  the  following  sub- 
accounts : 

/.  Joint  Facility  Rents:  Where  any  plant  or  equipment  is  maintained 
or  operated  by  another  corporation  for  the  joint  benefit  of  the  accounting  cor- 
poration and  others  under  a  joint  arrangement  for  sharing  the  expense  (on 
the  basis  of  the  relative  amounts  of  benefit  to  the  several  participants),  if 
such  joint  arrangement  provides  for  including  in  the  charge  against  the  ac- 
counting corporation  any  pure  rent,  profit,  or  return  upon  such  plant  or 
equipment  over  and  above  depreciation  and  other  expense  of  maintenance 
and  operation,  such  pure  rent,  or  profit,  or  return  upon  propertj*  shall  be 
charged  to  this  sub-account. 

Note. — This  should  be  n-ad  In  connection  with  revenue  account  No.  425,  "Joint 
Electric  Rent  Revenue".      (See  page  33.) 

g.  Miscellaneous  Rent  Deductions  :  This  sub-account  includes  all  mis- 
cellaneous rents  payable  not  elsewhere  provided  for. 

Note  A. — Rents  for  furnished  offices  (and  for  office  rooms  In  office  bulMlnRS 
h<'atf>d  and  lighted  by  the  landlord)  should  not  be  charged  to  thl.s  account,  but  to 
the  approprlnte  expense  account. 

Note  B. — Entries  In  this  account  must  be  made  In  such  wise  as  to  permit  an 
analysis  In  the  annual  report  of  the  corporation  In  accordance  with  the  suh- 
accountfl  above  defined. 

923.  Sinking  Fund  Accruals. 

Charge  to  this  account  month  by  month  all  accruals  required  to  be  made 
to  sinking  funds  in  accordance  with  the  provisions  of  mortgages  or  other 
contracts  requiring  the  establishment  of  sinking  funds.  All  accruals  to  sink- 
ing or  other  funds  created  voluntarily  by  the  corporation  and  not  in  pursu- 
ance of  the  provisions  of  any  mortgage  or  other  contract  or  of  the  require- 
ments of  law  shall  be  excluded  herefrom. 

924.  Guaranties  of  Periodic  Payments. 
Charge  to  this  account  all  unsecured  accruals  of  obligations  arising  under 
contracts  whereby  the  corporation  has  cuaranteed  the  annual  nr  more  fre- 
quent periodic  payment  of  money  or  performance  of  other  obligation  on  the 
part  of  another  corporation  or  person,  and  because  of  the  default  of  such 
other  corporation  or  person  the  liability  of  the  present  corprpration  has  he- 
come  actual.  This  account  does  not  include  such  matters  as  guaranties  of 
payment  of  principal  of  funded  debt  and  other  similar  things  relating  to  a 
series  of  years,  nor  does  it  include  any  guaranties  for  which  the  corporation 


M  PuiLib  SkilVit^  Cbi!ii!5Si6k— i^lR5*f  IJi^TRia 

has  pri.tcctcd  'MfM  thhloifl  bl^lnij  atiiplf  iS^tbHti^.  if  iri?Uflicicnt  security 
Mi  fscrti  WkcH  !fl  fcibctt  of  SUfch  ahnual  hi-  hiorc  frtqttciit  pavmchlil.  Ae 
aJltr^iirrrf  ^ohit^h  IhcfWf  ihatl  btl  thirg^d  tH  this  ictobiit. 

925.  Lt)s"8  ON  Ohkhations  of  Othees, 
.\  httiivfr  in  accordance  with  t)ic  terms  of  krty  contract  the  corporatldn  it 
M.iiiul  lu  contribute  toward  rfimbnrsenn-nt  oi  the  losses  rcsttlttnii;  from  the 
upcrHtions  of   others,   all   hahditirs  acirainR  to  the  corpnhation   fronl   stich 
M.iiirr   sh.iU  l>c  charRcd  to  this  account. 

viiiri,!-  to  this  acc'oiint   month  lly   nioiim   all  c.>ntr3ct'   .     '  nn 

from  annual  or  other  more   frequent   periodic  matters  ..  m 

any  ui  the  forigoini;  acfcHtlHti.     ThiS  htCottrtt  IhcluHes  i  :...  .r,,m 

intomc  Und  hot  ady  liabilitick  iristnR  in  cxchanRb  for  frtx>ds  or  other  tilings 
|)urcha$ed 

927.  AuoRTiZATioN  OK   LXN*bEn  CaptTah 

'  )iarke  to  this  ^cfodtlt  at  the  tlMe  of  9tli-  fiscal  t)eHKd  !«ubH  pnrtrdh  df 
the  original  mohoy  fns't  (e-ltihiated  if  not  kno\»n)  of  MhdH  cApital  il  \k 
decessaht-  to  cover  thJ-  pfofxtt^ioti  of  tKe  life  thereof  Expired  dtirinjf  isubh 
period. 

NoTK  A— Tho  nmotrnta  etiancHl  td  thi»  aecAunt  uTmll  t>o  bonenn+ntlN   et>dlt*iiJ 


nnr) 


(A. 

«<rl. 

tli'<  ua 

H,.  id 

rtf    (M«r\!,-.        M   '       ItH   •     'r*'-"'       l'.-..'hr     ■'':■}     '•'       .1.  !.n.  .1     vf  •,     ,,,,       ,,.,.,.    ,  .,.,     ,,f     ...,,,       (If 

r\ny).  nn»l  any  nt-o-itjwn*  artJiHtmcnt  nhnU  bo  nvt/lp  Ihmulth  tlie  "Porpomte  Blir- 
t>liiii  or  Doflctt"  nocoiinL 

^m  .^MHuTt^XtlhN  OF  brfrt  nU^K(=H  U-h  tx\f^'^t 
tharRc  to  thi5  accodnt  at  or  bef.)re  the  close  of  arty  fistal  prrli..'  tl.c  nr. .- 
priniofi  f.f  thV  tttiahiofiitert  dl^t-Htim  tthd  HcRt  etfrt'tisc  6t\  ry  VHt 

which   is  applicable  to  the  period.     Tliis  proportion   sh.ln   w  tc- 

cordinc  to  a  rule,  the  uniform  Appliratioti  of  whic^i  Hurint:  tlu  ir.urv.il  be- 
tween the  issue  and  the  nwturily  qi  any  debt  will  completely  amortiie  or 
wipe  out  the  discount  at  which  such  debt  was  issued  and  the  dt-bt  ejtpen^e 
ronnertcd  therewith  Such  amortjratinn  may  at  the  .»piion  of  »br  cor|>oration 
l>c  earlier  eflfccted  by  charging  all  or. any  p«>rtlon  of  such  discount  and  debt 
expense  to  account  No  9.W,  "(Mlier  Deducti^His  from  Surplus."  immediately 
iit'on  i<.«.»u-  of  the  debt  or  thereafter 

'i29  Amurtuatiok  of  Prkmium  on  Debt— Ca 
»  iii.i;  i  ..li-  account  at  ■>r  after  the  close  of  atiy  fiscal  period  the  pro0Ur- 
tion  of  the  premjum  at  which  out»tan<iint<  «lcbt  was  issued  which  is  applicable 
to  the  period.  This  proportion  shall  be  <leicrmined  accordipK  to  a  rule,  the 
uniform  apjdicati<^n  of  which  during  the  interval  ••Mween  tJi^  iHsuc  afi<i  the 
matt\rity  qf  ^lyr  debt  will  completely  aniortiie  or  wipe  out  the  premium  at 
wnich  such  debt  was  issued.  Sqch  amortization  may  at  the  option  of  the 
corp«iratip;i  be  effetted  by  cre<^itinff  all  or  any  |K,.rtion  of  sufh  premium  to 
.i^cquiit,  J^o.  9.»lh.  "Other  Additii^ns  to  Sorplu*."  only  upon  the  maturity 
of  the  debt. 


24.  Appropriations.— Tlic  Jjalancc  resulting  fcom  closing  the  foregoing 
Income  Deduction  acccnints  for  any  fiscal  period  jnto  Cross  Inqomo  for  ^hat 
period  gives  the  Net  Corporate  Income  for  the  period.  The  net  corporate  , 
income  heing  of  the  same  nature  as  the  corporate  surplus  shall  he  closed  into 
the  "pprp.iratc  Surplus  or  Dclifit"  account,  '^'he  group  of  accounts  which 
show  for  any  fiscal  period  the  changes  in  the  "Corporate  Surplu?  or  Ocfipit" 
account  are  designated  the  "Appropriation"  accounts,  for  the  reason  th^t 
substantially  all  of  them  are  subject  only  to  the  discretion  of  the  corpora- 
tip^,  ^t  th<;  end  pf  each  fispal  period  q^pl^  of  the  ''^ppcopfiation!'  accounts 
shall  be  closed  into  the  "Corporate  Surplu?  or  Djiticit"  accoijnt. 

25.  Ppftnitipn?  of  Appropriatiqn  accpuntp.— In  the  follovying  definitions 
of  the  .-Xpiircpri.-ition  aci-i)unls  t\w  letters  and  numbers  prefixed  to  the  titles  of 
the  accounts  are  inserted  solely  fpr  cpnyepiencp  pf  tfference  and  are  no  part 
of  the  titles  or  q|  the  defir|ifions : 

931a.  Bad  Depts  Goixected. 

When  any  debt  theretofore  written  off  as  a  bad  debt  is  collected,  the  ammnt 
of  the  collection  shall  be  credited  to  this  account.  Elxpense  involved  in  such 
collection  shall  be  charged  to  this  account. 

9311).  Other  Additions  to  Surplus. 

Credit  to  this  account  all  additions  to  surplus  because  of  erroneous  account- 
ing in  prior  fiscal  periods,  and  all  other  additions  to  surplus  not  elsewhere 
provided  for. 

Np_x|5.— A  eonjBletf  an^|y?lB  of  this  acqoynt  v(JU  be  requlreiJ  in  aoaual  reports  of 
corporations  to  the  Public  Service  Commission. 

932.   Expenses  Elsewhere  Unprovided  For. 

Charge  to  this  account  all  expenses  not  chargeable  as  a  part  of  operating 
expenses  or  of  non-operating  expenses,  such  as  fines  levied  on  the  corporation 
for  violation  of  law.  for  misfeasance,  for  non-feasance,  etc.,  fines  levied  on 
directors,  officers,  and  other  employees  and  assumed  by  the  corporation,  do- 
nations to  funds,  to  churches  and  other  associations,  and  other  like  expenses 
and  outgoes. 

933.  Dividends  on  Outst.\nding  Stocks. 

When  any  dividend  is  declared  upon  any  outstanding  stocks  of  the  corpo- 
ration, the  amount  of  such  dividend  shall  thereupon  be  charged  to  this  ac- 
count. .Ml  entries  to  this  account  shall  show  the  amount  of  stock  upon  which 
the  dividend  is  declared,  the  class  of  such  .stock,  and  the  rate  of  the  dividend 
as  well  as  the  amount  thereof;  and  if  the  dividend  is  payable  in  any  other 
thing  than  money,  such  thing  shall  be  described  in  the  entry  with  sufficient 
particularity  to  identify  it,  and  the  actual  money  value  thereof  shall  be 
stated  as  the  amount  of  the  dividend. 

Wlun  any  dividend  is  declared  upon  the  stocks  of  the  corporation  held  in 
its  treasury,  the  amount  of  such  divi<lend  thereon  shall  be  credited  to  this 
account.  Entries  of  credits  to  this  account  .shall  be  made  with  the  same  de- 
gree of  particularity  as  is  prescribed  in  the  preceding  paragraph. 

934.  Amortization  Elsewhere  Unprovided  For. 
Giarge  to  this  account  such  amortization  as  is  not  elsewhere  provided  for. 
This  account  provides  for  all  optional  amortization,  such  as  tha»  of  discount 
on  stocks  outstanding,  abandoned  property,  etc. 


56  Public  Skrvicf.  Commission — First  District 

935    ApmoraiATioss  to  Resebvcs. 
("liarKr  to  this  account  all  optional  appropriations  to  reserves. 

9.%.    GlI'TS   TU   GiNTKOU.Et)   CoBIMBATIONS. 

CharKC  to  this  account  all  gifts  made  by  the  corporation  to  its  controlled 
c.jrjKirations,  also  such  portions  of  all  advances  thereto  as  are  not  carried  as 
assets. 

937     ^>THF.R    .Apl'BOraiATIONS 

CharKe  to  this  account  all  optional  appropriations  made  by  the  corpora- 
tion ami  not  elsewhere  provided  for. 

Not*. — A  oompletr  analynla  of  this  account  wltl  bo  r<><iulred  in  annual  rcporta 
(if  oori>oraUon«  to  Uie  Public  &TVIC*  Commlaslon. 

938    Bad  Dehts  Written  OhF. 

Charge  to  this  account  the  amount  by  which  debts  are  written  off  from  the 
accounts  of  the  corporation  when  they  become  stale  and  are  placed  in  the 
"bad  debt"  class. 

Nora.— Such  '*unooll«?ctlbl«'  bllla"  a^i  huvo  txjen  provided  for  In  the  heretofore 
d<  flned  "Uncollectlbl*-  Bills"  nccountM  must  nut  t><>  Included  In  thin  account 

939.  Other  DEoutTirjNs  from   StRPLt;? 

CliarKc  lo  this  account  all  deductions  troni  surplus  because  of  erroneous 
accotmtinK  in  prior  fiscal  periods,  and  all  other  deductions  from  surplus  not 
elsewhere  provided  for. 

NoT« — A  complptf  annlynln  of  thin  account  will  he  r«H]ulrt-d  In  nnnual  rf-portu  of 
rorpomllon<«  to  tht-   Public  S«r\le#«  Commliwlon 


Uniform  Accounts — Elfxtrical  Corporations  57 


LIST  OF  ACCOUNTS. 


SCHEDULE  A:     BALANCE  SHEET  OR  INDICANT  ACCOUNTS. 
Fixed  Capital. 

I-AC.K. 

ElOO.     Fixed    Capital,    December    31,    1908 9 

El  10.     Land  Devoted  to  Electric  Operations - 9 

101.     Organization 10 

E102.     Franchises    (Electric)    10 

E103.     Patent-rlght.s    (Electric)    11 

Ein4.     Other  Intangible  Electric  Capital . 11 

El 21.     General    Structures .;..__ ', 11 

El 22.     General    Equipment    12 

El."?!.     Dams.   Canal.s.   and    Pipe   Lines 12 

El  32.     Power    Plant    Building  12 

El  41a.   Furnaces.    Boilers,   and   Accessories ^ : 13 

F:i41b.   Steam    Eng1ne.q „ '                        13 

El 42.     Turbines    and    Water-wheels : '. 13 

El  43a.  Gas    Producers   and    Accessorlea 13 

E143h.   Gas    En/rlnes    : L: 13 

B144a.   Electric    Generators    _ __..._ L; 14 

El 44b.   Accessory    Electric    Power    Equipment    > 1.. .... 1 14 

E14.T.      Ml.scellanoous   Power  Plant  Equipment 14 

El 51.     Sub-station    Buildinifs    _ _ : . ' 14 

El  52.     Sub-station    Equipment 14 

E161.      Poles  and   Fixtures IS 

Elfi2.     UnderKTound  Conduits : 1.". 

EI<;3.     Transmls.ilon     System 1,' 

Rl«4.      Distribution    System    1.5 

Rlfi5.      r.,ine  Transformers  and  Devices 16 

Rl«<;.     Electric    Services    IS 

RK7a.   Electric     Meters 16 

E1«7h.   Electric   Meter  Installation  — 10 

El 71.     Municipal  Stroet  Llffhtlnff  System   (Electric)  1»; 

El  72.     Commercial   Arc  Lamps _ _  16 

El  73.     Glower    I>amps     - :..                  1« 

R174.     Electric    Motors   and    Heaters     , .• 17 

El  75.      Electric  Tools  and   Implements    .  17 

R17*>.      Electric    T>ahomtor>'    Equipment  17 

El  77.      Other   Tangible    RNctrtc    Gaplt.il  17 

E2«1.      EnirtneorinK  and   Superlnttridencv  17 

E2S2.      T.,aw   Expendltuns    Durinp   Constrticflo'i  17 

R2^3.     Tn.f»ir1f>s    Durlnif    Gonstnictlon  17 

R?<!4.     Taxf^s    Dtirlnir   Consfnif'tinn  is 

E2S5.      MIscell.Tnfous   Constnictlon    Exp*»n<llfiiros  1  <? 

R2S6.     Intorrst    Diirlnjf    Construction  is 

ono.      Land   In   Ofhop  D--n.TrrtT<'^nfM  !« 

moc.      Franchises  In   Other  D«»partments  19 

Oinri.      Patent-rlRhts    in    Other    D.-partments  1  !> 

Ol(i4.      Other  Tntnnslble  Caplt.il  in  Other  D«>parfm<nr«  19 

Oljn.     Tangible    Capital    In    Other    TVpnrtments  ^9 

PiiOATTVo  Capital. 

V.   m.     Materials  and   Supplies  19 

1.  Cash       ._.  .._ _  „  ._    .-  20 

2.  Bills     Receivable     20 


3.      AocuunU    R<>c«|vabl«      — _____^_.^-__i._____^____— __  SO 

«.     InttTMii  and   r>lvjtji-n«l«   Receivable  ^_-^_.^_______^_—  *0 

6.     Other  Chjrrrnt  Aa».-iji SI 

lNrnrrifBNT« 

-:'<).     InvrMtracnu                                                                            21 

11.  Coupon   Sp«-clttl    Di-i                                                                  -   -  21 

12.  rHvJd.-nd  8p.-clal   I)cj«>&i;» :: 

:?.     oth.  r   Sprdal    IVpoirtui     ________«______  :'2 

BMi>AT|t«)QC  4<10Pt:KTA 

.1.     Prepaid    Taxe* 2  J 

-J.     Pn  iMijcl   InBur 


:3.     Prrpaid    Rvnu 22 

4      Oth«r    Prepayro<rnU     22 


4r)« 

f. 

1-4 

rrrlal 

•  mm' 

rrlal 

II 


1.  Unamortlii-d    Debt    Dlaoount  and   Kxp«-n- 

2.  Oth«?r    Suntx'nae 

Ra-ACQCIBKD  ^URIT]|» 

1"       R.-ftcquirt-d    S.curltii-« L -  _  1-                                                        ':\ 

Deut. 

460.      njnd«-d      -              )f 

Unfund.-d  ,     ,     4           II 

J61.         TaxM   AccruJ  .  || 

<i2.  RtxelvcT'*    Cfrtincait<'»  -     „     ,  .     9| 

263.  JudfTn<>nt«    Unpaid  -  || 

264.  IntcrrKt    Accniod  .    .     S| 

^66.  Divldcndd    I>«^lnr.  l  S| 

366.          Bills    PnyaM'>  t          If 

B^67a.        C<>n«um« T»'    T                            :irn:  -___-__-_     If 

jSTb         Other    Acr.v.  If 

35«.  Oth.T    fnf>i-  Sf 


Permanent 2« 

l'r<'mlums   on    Stoclu  2< 

r   Pennancot  Rraer^-.  ^  2? 

.     •  .ry  J? 

rictual 2T 

i;    ..1--1 2t 

•  d  Atnnrtlaatlon  of  Caplul  .'7 

i   rUE«*d   Prpmluro  on    D«l>t  2» 

ilt^gulrod    R««<<tYM  2 1 

■  •:  ;;    :..ii     ..        --      .  -  2« 

c'a«ualUca  and   Inaurancc   R4>a«  r>-<  2S 

Other    Optional    U«>a«rvca        —  — .    .^  21 
BrocKa. 

Stockii -1  28 


SOHKDm.K   B.      INCOMi;    . 
OrKNATiNO  Rarn^fqip. 

al    Stnot    Uuhtlng— Arc ^_- Jl 

I   Street   Mfflitlng — Jnoandcaoenl  ..  -..  ,-.  31 

M<)nlcl|>«l    Biilldlnci*-    El.-clrtC     ■  --  -  31 

"    ■•       -'    '• '      K''-ctrlc . .  32 

32 
32 

ax 

St 

S2 


UNit-OkM  A'CtbuNT§"-^ELECTfti(:AL  CORPORATlb: 


4io. 

111. 

II. 

122. 

123. 

M. 
[25. 
|26. 

127. 


E^Ola. 
ASOlb. 
ESOlc. 
RROld. 

i:502a. 
ftS02b. 

rcsnsb. 

i*:^04. 

E505a. 

^!!05b. 

AS"?. 

E.'.OSa. 

E508b. 

E50SC. 

ESnga. 

E5i>9b. 

E509C. 

E.TlOa. 

Ejlla. 

lilSllb. 

E5l2a. 

E9l2b. 

E513a. 

E51.1b. 

E514. 

R51.'. 

E.-.16. 

E521a. 

K522a. 

R523a. 

R32  4a. 

B524b. 

R32.^. 

R.-)26. 

K.i27. 

E.'.2.S. 

E529a. 
E.129b. 
E.i29c. 
E:>29(1. 

B.iSl. 

R.=>32a. 

R.-?.2h. 


Railroad    Corporations    

Other  Electrical   Corporations 

Rent  of  Electric  Meters  . 


Rent  of  fclectrlc  .\ppiiances  -,-jt;  ; rr-^= : 

Electric  Mirchaudiso  arid  Jobbing  Rieveniie 

Sale  of  Byproducts    ......-- . 

Joint   Electric  Rent  Revenue  — _ 

Brtak-dowri    Service    . — --;-;-; 

Other    Mlscellancoiis    Electric   Revemie _. 

Operatino   Expenses. 

Station  Superintendence  and  CarBu..l..l. 

Boiler    Labor     : 

Producer    L.nbnr     ..  

EnETlne   Labor  

Electric    Labor    

Fuel  for  Steam  

Fuel   for   Producer  Gas   ....•._......_ 

Water  for  Pteam  Power  nnd  Gas _ 

Water  for  HvdrauMc  P.>w-er     

Lubricants   for    Po\<'er   ',  V"' L 

Production    Supplies    Z...ZL .__ 

Station    Expense _._ 

Repairs  of  Power  Plant  Biilldirtg^        

Repairs  of  Furnaces  Arid   Bollersi 
Repairs   of  Boiler   .Apparatus 
Repairs   of   Steam   Acce.'^.sorles 

Repairs   of   Reciprocating   Engines   _ 

Repairs  of   Steam   Turbines     ...: ...._....„ 

Repairs  of  Otlier  Steam  Entdne  EqttthHi^Ht 

Repairs  of  Dams,  Canals,  and  Pipe  Lines 

R'p.ajrs  of  Turl>|pes.nnd  W'atpr-wh.eels  

Repairs  o(  Gas  Producers  artd  Aecessorteh    

Repairs  05  Gas  Engines  ., 'J^... 

Repairs  of  E'^'ctrlc  GcDeratorg. 

Repajrs  oj  Acces.sory  EW-ctrlc .Equipment 
Repairs  of  Station  Tools  and  Implements 
Repairs^  of  Miscellaneous  Staltlon  Equlpmt^nt 

Steam   from  .Other  Sources  

Power  Grx-s   from  Other  Sources 
Electric  Energ>-   from   Other  Soutced 

ri.    TrnnsvtisaioH   tCtpcAsts. 

Transmission    Siibway   Rent         .  .         

Transml.s.-<1on   Pole  and   FItttIt-)'  Rir^alHl 
Transmls.slon  Underground   Condillt   WtiHlr^ 
Overhearl  Tninsml.tslon   Syst>m   Repairs 
Underground  Transmission  Sy.-<t.iti   H.-    i- 

Sub-station     I^abor        .    

Sub-station  Supplies  and  Exp«»ns. 
Repairs  of  Sub-station    Buildings 

Repairs  of  Sub-station   Equipment 

///.    Klrrtrlr  Stm-aof  K1rii7\iiO-%. 
Storage    Batter>-    T.Abof 
.'Storage    Battery    Supplle«i 
Storage   Battery    Renewal.^ 
Repairs  of  Storage  Battery  Acce.s.sorles 

IV.    m^tHh^ition     Frtfv.^r!, 
Electric    Distribution    Siipertntenrt*eM<*J^ 
Electric   DI.=!tr|butlon    Maps  .-^nd  RrJ^rds 
ElfCtrir    Dlsflbutlnn    Office    Expanse 


lAOB. 

k:u3l.      SvlUnjc  and  Itcmovlnji  Mclvn  luid  Tnu)«rutnaers 41 

K   .    '      !'-'"iiUon   SuLfway    K«nl 4X 

t.                            .Hon  Pole  nnd  l-1x(ure  Kepaini        ^ —  .                   41 

!•;  .Hon    Undtrff round  Cundult   R«'i»ttlr«     — 41 

Kj.  *.i    <>..    i.-ud   iJIniiibutloii  Synirin  KvpAlni     „ 41 

fc;:.;'.a.     Ktllf«>ri   TuIm-  S>at<in   lUp«lni      _ I.                         41 

ElM'     t.ti..i    ftiil.  ncn'MT.!    I'l-^t-ihimon   SyBii-m   II.]...  :  41 

k;.           k        ,         r    :                            ..  41 

K  *: 

K..        ,        ...                   M.  ■              ■  *'^ 

t;i»Cli.   tiKclrtc    MiUi    U<.^,Uia 4- 

V.   UtUiMation   Srp^nto 

r.4la    Ci.mrrn  rdal    Arc   L^bor .      41 

.<:,'.    t  •.  M.::..rcUil    Arc   Supplies  —                          it 

ji.       •\.iiiiu.rclal    Arc    J<»-r»alr»«        _  ■      ,        ,      ,     4S 

54.1:1.   CKiiiint-rctal    I                        ^    InaUili.itiun  ..     .      42 

&43b.  Comm»-rclal    i  UtiuU-uls  4S 

54  4a.   InniMCtlon   "f  Prt-inLsi  8  4S 

544b.    R«'paln«   of   C-nisum.  is"    liisUillail ns  . __     4t 

545a.   Municipal   8lr«-»l  Arc  Laln^r                                                  .   ■    ■  ,      ,  «* 

64ib.   Muhlclpnl   Slr.il  Arc  Sui>pIU-s  4S 

546.      Munlcliml    Str.t  I    Arc    Hei«iln«        _  ._      _  .  43 

64T«     Mutilcipiil    Slrt'l    Ii^candtMC  nt    InHUilluUon  -      43 

647b.   Munidital   Stn-ot   In&ndcMCcnt   Renewals  4  3 

548.     Munlcl|>al  Stret-t  Incand^acent   R^'paira 4< 

\'l.  CommerfitU  tCrpenifT -^ 

Hoiil.     Conumrclnl    A<linlnlHtruUon — Electric  4S 

K5.'.:.      I'romotlon   « )!IU-.     Ksp«rui«> — Electric  44 

Ki&l       Adv.  rtlnlntf-    Kl-ctric  -   _  44 

K554.      CanvBUKtng  nnd   SolicltlnK — Kloctrlc       _,„ .  44 

K665.      Promotion    WIrInK  i»nd   Uevlc»« .^  -  4  4 

VII.   General  and  MUte^llamnoms  Krprn--  - 

K833.      Salnriiii  and  t:xp«-n»»»  of  Oenoral  Omc*n»         -   -  4  4 

E834.     Salarira  and  Kxtx-niwji  of  (i«>npral  OfUcv  Oloriui  4  4 

K83r..     G«n€«ral  omct-  SupplliH  and  Kxp«>na«»«  4  5 

KS.Te.      r;«  nonil    iMvr    ExiH<n«c>*         -      _  -      45 

K837       .MlHC«llBn.~«.u»   t;.-noral    Kxpi-IUK«  .45 

i:h.18      Inwuranw              - 45 

KS:i9      R«ll«f    r»i-panm»>nt    and    Pi<n«loii-  46 

B84'>.       r.I'.-til.-     rr.inr?.I.m<    U- .jtil  r.iii.  ;/  •  4S 

B«4:>  46 

B845.  4« 

E84«        I                .  46 

K847.'\.    AoM.I.  nl»  itn.l   l>.inmi{<4»               -  47 

E847b.   I-AW   Kxp«^niM»n  Connpctr^  with   I)amfl<r'f  47 

E848.     Onoral    Stationery   and    PrlnUnir  4  8 

K8.''f'      Storr    Exp«>nM>a      . — ^_- —                                         4* 

KSJI.      Stabl."    Kxpi-nii««      — ~ —  41 

KitS2.     rndlatrth»itr<1    A<1ju«ttnmta — BalUnc-  4« 

K86S.     Duplicate  Eloclrlc  Charc<p« — Cr.  4S 

Taxh. 

BMO      Taxos - — —^ —  49 

KSTO      TTncolloctlble  Blrctrlo  BUIa 4? 

NoN>op»t*m<o  KmrmHVKf 

K9f>\!\    Rrnt   Accni'd  from  l>'aii«»  of  R1«ctrlC  PUmt  4'» 

KSOId.    Ml!«c<»llanoonii   R«it    Revenue*        . —  '0 

*0J.      Int.  r.-«t     Rovrnnos                            _  50 

»03.      Plvld'-nd    Rrvf  n<i. »                      .  50 

»04       Pmntx  from  Or»*mtlon*  of  Otbera  -           51 

9>>:->       MIso.  n:»noou8  Xon-oprratlng:  Revetiii"  ^  ■! 


Uniform  Accounts — Electrical  CoRroRATiONs  61 

PAQE. 

NON-OPERATINO    ReVENUB    DEDUCTIONS. 

910.     Non-operating  Revenue  Deductions 61 

a.  Rent    Expense    61 

b.  Interest    Expense 61 

c.  Dividend   Expense  - : ,                        61 

d.  Others'  Operations  Expense 61 

e.  Miscellaneous    Non-op«.>rating  Expense 62 

f.  Non-operating  Taxes   ., 62 

g.  Uncollectible   Non-operating  Revenues :: 62 

Income  Deddctions. 

921.     Interest    Deductions    _ 52 

92:;a.  Rent  for  Lease  of  Other  Electric  Plant  .._ _ 63 

922f.  Joint    Facility    Rmts    _ _ 63 

922g.   Miscellaneous    Rent    Deductions    63 

923.  Sinking    Fund    Accruals   - 53 

924.  Guaranties   of   Periodic   Payments  53 

925.  Loss  on  Operations  of  Others  . 54 

926.  Other  Contractual   Deductions  from  Income 54 

927.  Amortization   of  Landed  Capital  _ — 64 

928.  Amortization  of  Debt  Discount  and  Expense  ...._ 64 

929.  Amortization  of  Premium  on   Df^bt — Or.   - — — 54 

AppROPniATioN  Accounts. 

931a.  Bad    Debts    Collected    65 

931b.  Other    Additions    to    Surplus    55 

932.  Expenses   Elsewhere  Unprovided   for , 56 

933.  Dividends  on   Outstanding  Stocks  65 

934.  Amortization  Elsewhere  Unprovided  for _-~ 66 

935.  .\pproprlations    to    Reserves    .. 66 

936.  Oifts   to   Controlled    Corporations __ '. 68 

937.  Other    Appropriations      _ 66 

938.  Bad   Debts   Written   Off  66 

939.  Other   Deductions    from    Surplus   56 


62  FiRST  MoDiFviNc  Order 

At  a  Meeting'  of  the  I'rBi.ic  Skrvice  Commission  for  the  First 
District,  duly  held  at  its  office,  No.  154  Nassau  St.,  Borough 
of  Manhattan.  City  and  Slate  of  New  York,  on  tlie  ISth  day 
of  December,  1908. 

FRKSKNT: 
William  R.  Wnxcox,  Oiairman. 
William  MiCaukoll, 

Kdward  M.  Bassett.  \.  Commissioners. 

MiLO  R.  Maltbii, 
John  E.  Eustis, 


In  the  Matter 

of  I  Case  No    '>77 

A   uniform   system  of  accounts    for   Elbctuilwl   t  Order  Modifying; 
(^>KPORATIoNS    within    the    iiiri^dirtiftn    of    the    t   the  Fin  il  (  )ri1.'r 
<  ommission 


\u  «>r<ler  having  heen  passe«l  hy  the  Puhlic  Service  Commission 
tor  the  First  District,  December  8.  1908,  prescrn>ing  a  uniform 
system  of  accounts  to  l)e  kept  by  electrical  corjKirations  subject  to 
the  jurisdiction  of  tlie  Commission,  it  is  licreby 

i  >ki>krkd: 

( 1  )  That  the  uniform  system  of  accoiuits  prescribed  for  electrical 
corporations  by  order  of  December  8.  1908.  be,  and  the  same  is 
hereby  modified,  in  accordance  with  the  schedule  of  operating 
expense  accounts  hereto  appended,  for  the  use  of  corporations  that 
derive  from  electrical  oi>erations.  as  defined  in  said  order,  annual 
revenues  not  in  excess  of  $500,000.00.  which  corporations  arc 
hereby  designated  Small  Companies. 

(2)  That  all  the  provisions  contained  in  the  said  order  of  De- 
cember 8.  1908.  and  all  rules  prescribed  by  that  order  for  the 
keeping  and  recording  of  accounts  shall  apply  to  Small  Companies 
as  hereinbefore  defined,  excepting  only  that  Small  Companies  are 
by  virtue  of  this  order  authorized  to  rrduce  the  number  of  primarv 
accounts  kept  by  them 

( ^)  That  the  terms  of  the  order  of  Dpceml>cr  8.  lOOR,  relative  to 
the  subdivision  of  primary  accounts,  or  to  the  keeping  of  temporary, 
experimental  or  divisional  account*,  shall  apply  to  Small  Companie<: 
that  elect  to  use  this  condensed  classification  of  operating  expenses, 
provided,  however,  that  any  permanent  subdivision  of  a  primary 


Condensed  Classif ration  of  Oi-erating  Expenses 


63 


account  sliall  conform  to  the  primary  accounts  or  groups  of  such 
accounts  prescribed  in  said  order. 

(4)  That  Small  Companies  that  elect  to  use  the  condensed  classi- 
fication shall  file  with  the  Public  Service  Commission  for  the  First 
District  on  or  before  January  1,  1909,  notice  of  their  election  so  to  do. 

(5)  This  order  shall  take  effect  at  once  and  shall  continue  in 
force  until  abrogated  or  modified  by  the  Commission. 

(6)  All  companies  that  elect  to  use  the  condensed  classification 
herein  shall  notify  the  Public  Service  Commission  for  the  First 
District  on  or  before  January  1,  1909,  whether  the  terms  of  this 
order  are  accepted  and  will  be  obeyed. 

COx\DENSED  CLASSIFICATION  OF  OPERATlN(} 
EXPENSE  ACCOUNTS 


I.  Production  Expkvses 

(E501)     Power  Plant  Labor;  to  include— 

(a)  Station  Superintendence  and  Care 

(b)  Boiler  Labor 

(c)  Producer  Labor 

(d)  Engine   Labor 

(e)  Electric  Labor 
(E502)     Eud  for  Power;  to  include— 

(a)  Fuel  for  Steam 

(b)  Fuel  for  Producer  Gas 
(E50.3)     Water  for  Power;  to  include — 

(a)  Water  for  Steam  Power  and  Gas 

(b)  Water  for  Hydraulic  Power 
(E504)     Lubricants  for  Power 

(E505)     Station  Supplies  and  Expenses;  to  include — 

(a)  Production  Supplies 

(b)  Station  Expense 

(E507)     Repairs  of  Power  Plant  Buildings 

(£1508)      Repairs  of  Boilers  and  .\ccessories  ;  to  include — 

(a)  Repairs  of  Furnaces  and  Boilers 

(b)  Repairs  of  Boiler  Apparatus 

(c)  Repairs  of  Steam  Accessories 
(E509)     Repairs  of  Steam  Engines;  to  include — 

(a)  Repairs  of  Reciprocating  Engines 

(b)  Repairs  of  Steam  Ttirbines 

(c)  Repairs  of  Other  Steam  Engine  Equipment 

(E1510)     Repairs  of  Hydraulic  Structures  and  Equipment;  to  include- 

(a)  Repairs  of  Dams,  Canals  and  Pipe  Lines 

(b)  Repairs  of  Turbines  and  Water  Wlieels 
(E5in     Repairs  of  Gas  Power  Equipment;  to  include — 

(a)     Repairs  of  Gas  Producers  and  Accessories 
(h)     Repairs  of  Gas  Engines 


First  Mouifving  Order 

Repairs  of  Power  Plant  Electric  Etjuipmcnt ;  to  include — 

(a)  Repairs  of  Electric  (Jcncralors 

(b)  Repairs  of   Accessory  Electric   Equipment 
Miscellaneous   Station    Repairs;   to   include — 

(a)  Repairs  of  Station  Tools  and  Implements 

(b)  Repairs  of  Miscellaneous  Station  Equipment 
Steam  from  Other  Sources 

Power  Gas  from  Other  Sources 
Electric  Encrjo'  from  Other  Sources 

II.  Transmission  Ex»'K.s>t.s 

Maintenance  of  Transmission  Lines ;  to  include — 
(E521a)     Transmission   Subway   Rent 
(E522a)     Transmission   Pole  and  Fixture  Repairs 
(E523a)     Transmission   Underground   Conduit   Repairs 
(E524a)     Overhead  Transmission  System  Repairs 
(E524b)     Underground  Transmission  System  Repairs 

Substation  Labor 

Substation  Supplies  and  Expenses 

Repairs  of  Substation  Buildings 

Repairs  of  Substation  Equipment 

ill.    Ei.F.iTlilc    Storahf.   ExPf-NSfS 

I'.lcctric  Storage ;  to  include — 

(a)  Storage  Battery  Lal>or 

(b)  Storage  Battery  Supplies 

(c)  StoraK'c    Battery   Renewals 

((\)     R(i.:iirs  of  Storage  Battery  Accessories 


Distribution   Expenses 

Electric   Distribution   Superintendence 

Electric  Distribution  Records  and  Office  Expense;  to  include 

(a)     Electric  Distribution  Maps  and  Records 

(h)     Electric   Distribution  Office  Expense 
Setting  and  Removing  Meters  and  Transformers 
Distribution    Subway    Rent 
Distribtition   Po|r  and  Fixture  Repairs 
Distribution  l^ndergronnd  Conduit  Repairs 
n...^.i...t..  .,  '"iv^t-"'  T-'"Mirs;  to  include    - 

•.tinn  System  Repairs 
-    -!rm  Repair* 

(c>     Other   I'mlerground  Distribution  System  Repair* 
Repairs  of  Electric  Services 
Repairs  of  Transformers 
Electric  Meter  Expense ;  to  include — 

(a'^     Electric  Meter  Operation 

(b>     Electric  Meter  Repairs 


Condensed  Classification  of  OPEkAxiNt;  Expense  Accounts  65 


V.  Utilization  Expenses 

(541)  Commercial  Arc  Operation;  to  include — 

(a)  Commercial  Arc  Labor 

(b)  Commercial  Arc  Supplies 

(542)  Commercial  Arc  Repairs 

(543)  Commercial  Incandescent  Operation;  to  include — 

(a)  Comnurcial  Incandescent  Installation 

(b)  Commercial  Incandescent  Renewals 

(544)  Consumers'  Installation  Expense;  to  include  - 

(a)  Inspection  of  Consumers'  Premises 

(b)  Repairs  of  Consumers'  Installations 

(545)  Municipal  Street  Arc  Operation;  to  include — 

(a)  Municipal  Street  Arc  Labor 

(b)  Municipal  Street  Arc  Supplies 

(546)  Municipal  Street  Arc  Repairs 

(547)  Municipal  Street  Incandescent  Operation;  to  include- 

(a)  Municipal  Street  Incandescent  Installation 

(b)  Municipal  Street  Incandescent  Renewals 

(548)  Municipal  Street  Incandescent  Repairs 

VI.  Commercial  Expenses 

(E55n  Commercial   Administration — Electric 

(E552)  Promotion  Office  Expense — Electric 

(E553)  Advertising — Electric 

(E554)  Canvassing  and  Soliciting — Electric 

(E555)  Promotion  Wiring  and  Devices 


VII.  General  and  Miscellaneous  Expenses 

(E833)  Salaries  and  Expenses  of  General  Officers 

(E834)      Salaries  and  Expenses  of  General  Office  (Jerks 

(E835)  General  Office  Supplies  and  Expenses 

(E836)  General  Law  Expenses 

(K8,^7)  Miscellaneous  General  Expenses 

(E&18)  Insurance 

(E839)  Relief  Department  and  Pensions 

(E840)  Electric  Franchise  Requirements 

(F842)  General   .\mortization — Electric 

(E845)  Electric   Expenses  Transferred — Cr. 

(E846)  Joint  Operating  Expense— Cr. 

(E847)  Injuries  and  Damages;  to  include — 

(a)  Accidents  and  Damages 

(b)  I^w  Expenses  Connected  with  Damages 
(E848)  General  Stationery  and  Printing 

(E850)  Store  Expenses 

(E851)  Stable  Expenses 

(E852)  Undistributed  Adjustments— Balance 

(E853)  Duplicate  Electric  Charges— Cr. 


•  lO  Second  OnDtK    Mooif^'in«;   tijk    Fjnal   Ohue* 

At  a  Miciiiij;  of  ilic  PiBLic  Service  Commission  for  the  First 
District,  iluly  held  ai  ii5  otlku,  No.  134  Xassan  Street,  Borough 
of  Manhattan.  City  and  State  of  New  York,  on  the  24th  day 
of  lunc.  1910. 


rKKSr.NT: 
WlU.IAM  R.  Wu.ixux, 
Chdirttiati. 
William   MiCarkoll.    ,    _ 
KowAun  M.  Hassktt.     (   Commusiourrs 
MiU)  R.  Maltbik, 

IiiIlN    K.   KfSTIS. 


In  tlu-   .Matter  1   ,,        ..      .. 

Case  No  .v/, 

,         .^  ^  r        1'  Second  (  >rdcr 

A    uniform   system  of   ai counts    for    Klkitkral  >  _.    ,.,   .        , 

"^  ...         ,        ,      ,  f  Modifvnu?the 

loRfoRATioNS     wuhni    the     lunsdictton     of     the  t   r-     i/.    i 
^,          .     .  Final  (  )rder 

Commission. 

\n  ( Vder  having  hcen  made  by  the  I'uhlir  Sen-ice  t  oniinission 
for  the  I'irst  District,  December  S.  HXX.  prescrihinp  a  uiiiforni 
system  of  accounts  to  he  kept  hy  electrical  corporations  subject 
to  the  jurisdiction  of  the  Commission,  and  an  Order  having  been 
made  December  18.  1908.  modifying  the  <.)rdcr  of  Dei^mbcr  S.  1^'<. 
it  is  hereby 

<  )Ki)r.RKn.  That  the  accounts  entitled  "  Pransmission  Subway  Rent" 
and  "Distribution  Subway  Rent"  shall  he  classifieH  as  Income  Deduc- 
tions instead  of  ( )peratinn  Ivxpcnscs. 

Ordkred,  That  this  Order  shall  take  effect  Jamnry  1.  1S>1 1 

ORpF.RKn.  That  the  Secretary  ser\'e  a  certified  copy  of  this  Order 
ii[)on  each  electrical  corfK^ration  on  or  before  June  ,^0.  1910. 


Tiiiki)  Modifying  Ordkr  fj7 

At  a  Stated  Meetintj  of  the  TfULic  SniiViLi-:  Coil  mission  lor  the 
First  District,  duly  held  at  its  office,  No.  154  Nassau  Street,  in 
the  Borough  of  Manhattan,  City  and  State  of  New  York,  on 
the  23d  day  of  June,  1911. 

PRESENT: 

VVllJ.IA.M    McC.\RROLL,  ^ 

Actiny  CViuirmuw, 
Mu.o  R,  Maltbik,  yCommissiuHers. 

John  E.  Eustis, 

J.    SERG£AiNT   CrAM,  J 


In  the  Matter 
of 


Case  No.  577 
Third  Order  Mod- 


.         .-  ^  r  .     £       T-  ifying  Order  of 

A  uniform  system  of  accounts  for  b.LECTRiCAL  \.  ^Z        , 

„  .,.,..,..  .-if  Uecember        S, 

CoKroKATioNS    within    the    jurisdiction    ot    the 


Commission. 


I        1908,  as  amend- 
ed. 


An  order  having  been  duly  made  by  the  Public  Service  Commis- 
sion for  the  First  District  on  December  8,  1908.  prescribing  a 
uniform  system  of  accounts  to  be  kept  by  electrical  corporations 
subject  to  the  jurisdiction  of  the  Commission,  and  orders  having 
been  duly  made  on  December  8,  1908,  and  on  June  24.  1910.  modi- 
fying the  said  order  of  December  8,  1908, 

Ordered,  That  two  additional  primary  accounts  to  be  entitled 
"Joint  Transmission  Expense,  Dr.,"  and  "Joint  Distribution  Ex- 
|)ense.  Dr.,"  be  provided  in  the  classification  of  operating  expenses 
under  the  general  divisions  Transmission  Expenses  and  Distribution 
Expenses  respectively,  the  said  additional  accounts  being  defined 
as  follows: 

(521a)    Joint  Transmission  lixfiense,  Dr. 

When  any  transmission  wires  or  cables  or  any  poles  or  conduit  carryins 
the  same  are  maintained  by  another  person  or  company  for  the  jf>int  benefit 
of  the  accounting  corporation  and  others  under  an  arrangement  for  appor- 
tioning (upon  the  basis  of  the  relative  amounts  of  benefit  to  the  several 
participants),  the  expense  of  maintenance  and  operation,  the  portiim  of  sucb 
expense  to  be  met  by  the  accounting  corporation  .shall  be  charged  to  this 
account.  The  portion  so  charged  may  include  provision  for  depreciation  of 
such  structure  or  facilities  as  well  as  current  outlay  for  repair,  but  must  not 
include  any  allowance  for  profit  or  return  upon  such  property. 

Note. — The  allowance  for  profit  should  be  charged  to  the  sub-account 
"Joint  Facility  Rents"  under  (Xo.  922)  "Other  Rent  Deduction^."  Wliero 
no  arrangement  exists  for  the  sharing  of  the  expense  of  maintaining  a  joint 


♦>8  lUiku  M<ii>ii-viNt.  (  )ki)i:k 


facilitj'.  the  entire  puymcnt  is  charKcable  to  the  sub-account  "Transmission 
Subway  Rent."  or  the  sul>-account  "Miscellaneous  Rent  Deductions"  under 
"Other  Rent  Deductions,"  according  lo  the  kind  of  facility. 

(5J1  b)    Joint  Distribution  Expense.  Dr. 

When  any  distribution  structure  or  facilities  an-  maintained  by  another 
person  or  company  for  the  joint  benefit  of  the  accounting  corporation  and 
others  under  an  arranv;enient  for  apportioning  (upon  the  basis  of  the  relative 
amounts  of  benefit  to  the  several  participants)  the  expense  of  maintenance 
and  operation,  the  portion  of  such  expense  to  be  met  by  the  accounting  cor- 
poration shall  be  charged  to  this  account.  The  portion  so  charged  may  in- 
clude provision  for  depreciation  of  such  structure  or  facilities  as  well  as 
current  outlay  for  repair,  but  must  not  include  any  allowance  for  profit  or 
return  upon  such  property. 

Note  The  allowance  for  profit  should  be  charged  to  the  sub-account 
".lf)int  Facility  Rents"  under  (No.  922),  "Other  Rent  Deductions."  \Vhcr« 
no  arrangement  exists  for  the  sharing  of  the  expense  of  maintaining  a  joint 
facility,  the  entire  payment  is  chargeable  to  the  sub-acco»mt  "Distribution 
Subway  Rent"  <>r  the  sul>-account  "Miscellaneous  Rent  Deductions"  under 
"Other  Rent  Deductions."  according  to  the  kind  of  facility. 

KiKTHER  OROKHKn.  that  this  order  shall  take  efTect  January 
1.   1912. 

i'lKTiiKk  (  )ki)I  Ki:i>.  that  ihe  .'Secretary  .serve  a  rcrtitieil  *.-ojjy  of 
this  onler  u{X)n  each  electrical  corporation  on  or  hefore  Iinie  2(>. 
ion. 


I  MVKHwirV   OK  CM.l) 


ivk.r.l  Br<.<. 


^yracuse,  N.  V 
PXI.  JAN.  21   1908 


